The Southwest Airlines Pilots’ Retirement Savings Plan took the top spot in BrightScope’s Year-End Top 30 Ratings List covering 401(k) plans with more than $1 billion in assets.  The Southwest plan bumped The Savings Plan of Saudi Arabian Oil Company to the number 2 spot after it held the top spot for two years running.

BrightScope, Inc. obtains the data for its list from plan sponsors, recordkeepers and publicly available sources, such as the U.S. Department of Labor and the U.S. Securities and Exchange Commission. The BrightScope Rating was developed with the help of leading academics and independent 401(k) fiduciaries. By analyzing more than 200 individual data points, the BrightScope Rating algorithm calculates a single numerical value for each 401(k) plan. The data points cover categories such as total plan cost, company generosity and investment menu quality.

Complete your profile to continue reading and get FREE access to BenefitsPRO.com, part of your ALM digital membership.

Your access to unlimited BenefitsPRO.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical BenefitsPRO.com information including cutting edge post-reform success strategies, access to educational webcasts and videos, resources from industry leaders, and informative Newsletters.
  • Exclusive discounts on ALM, BenefitsPRO magazine and BenefitsPRO.com events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com

Already have an account?


NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

BenefitsPRO

Join BenefitsPRO

Don’t miss crucial news and insights you need to navigate the shifting employee benefits industry. Join BenefitsPRO.com now!

  • Unlimited access to BenefitsPRO.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com
  • Exclusive discounts on BenefitsPRO.com and ALM events.

Already have an account? Sign In Now
Join BenefitsPRO

Copyright © 2024 ALM Global, LLC. All Rights Reserved.