Slideshow Top companies offering the best 401(k) plans

Published
  • July 24 2014, 1:01pm EDT
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Overview:

What makes a good 401(k) plan? Bloomberg has ranked the 401(k) plans of the 250 biggest companies in the S&P 500. Each company was given a score based on its filings with the Department of Labor for 2012, the most recent year for which data was complete. The score was based on a company’s potential match; additional company profit-sharing or retirement contribution; years to vest; investment offering of stocks, bonds, international index funds; and automatic enrollment. Deductions from the score were made for companies that paid their company match at or after year-end or required employees to work at least one year before receiving the company match.

Conoco Phillips

Score: 85%

Potential match: 9%

Additional contribution: 6-9%

Years to vest: 0

Automatic enrollment: N

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Philip Morris International

Score: 82%

Potential match: 5%

Additional contribution: 15%

Years to vest: 0

Automatic enrollment: Y

Amgen

Score: 80%

Potential match: 5%

Additional contribution: 5%

Years to vest: 0

Automatic enrollment: Y

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Boston Scientific

Score: 79%

Potential match: 6%

Additional contribution: 0

Years to vest: 0

Automatic enrollment: Y

Caterpillar

Score: 79%

Potential match: 6%

Additional contribution: 3-5%

Years to vest: 0

Automatic enrollment: Y

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DuPont

Score: 79%

Potential match: 6%

Additional contribution: 3%

Years to vest: 0

Automatic enrollment: Y

Mead Johnson Nutrition

Score: 79%

Potential match: 6%

Additional contribution: 2-4%

Years to vest: 0

Automatic enrollment: Y

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Visa

Score: 79%

Potential match: 6%

Additional contribution: 0

Years to vest: 0

Automatic enrollment: Y

Abbott Laboratories

Score: 77%

Potential match: 5%

Additional contribution: 5-7%

Years to vest: 2

Automatic enrollment: N

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Baker Hughes

Score: 77%

Potential match: 5%

Additional contribution: 2-5%

Years to vest: 0

Automatic enrollment: Y

Freeport-McMoRan Copper & Gold

Score: 77%

Potential match: 5%

Additional contribution: 4-10%

Years to vest: 0

Automatic enrollment: Y

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Ingersoll-Rand

Score: 77%

Potential match: 6%

Additional contribution: 2%

Years to vest: 0

Automatic enrollment: Y

McDonald’s

Score: 77%

Potential match: 7%

Additional contribution: 2%

Years to vest: 0

Automatic enrollment: Y

Deduction for minimum 1-year service to get match

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TE Connectivity

Score: 77%

Potential match: 5%

Additional contribution: 0

Years to vest: 3

Automatic enrollment: Y

Altria Group

Score: 75%

Potential match: 3%

Additional contribution: 8-12%

Years to vest: 0

Automatic enrollment: Y

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Bank of New York Mellon

Score: 75%

Potential match: 5%

Additional contribution: 2%

Years to vest: 0

Automatic enrollment: Y

Mosaic

Score: 75%

Potential match: 4.5%

Additional contribution: 7%

Years to vest: 0

Automatic enrollment: Y

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Mylan

Score: 75%

Potential match: 4%

Additional contribution: 7%

Years to vest: 0

Automatic enrollment: Y

Pioneer Natural Resources

Score: 75%

Potential match: 10%

Additional contribution: 0%

Years to vest: 4

Automatic enrollment: Y

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Actavis

Score: 74%

Potential match: 8%

Additional contribution: 0

Years to vest: 2

Automatic enrollment: Y

Citigroup

Score: 74%

Potential match: 6%

Additional contribution: 2%

Years to vest: 0

Automatic enrollment: Y

Deduction for match paid at or after year-end

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PPL

Score: 74%

Potential match: 6%

Additional contribution: 3%

Years to vest: 2

Automatic enrollment: Y

Reynolds American

Score: 74%

Potential match: 6%

Additional contribution: 3-9%

Years to vest: 2

Automatic enrollment: Y

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Aetna

Score: 72%

Potential match: 6%

Additional contribution: 0%

Years to vest: 0

Automatic enrollment: Y

Air Products & Chemicals

Score: 72%

Potential match: 4%

Additional contribution: 4%

Years to vest: 0

Automatic enrollment: Y

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American International Group

Score: 72%

Potential match: 6%

Additional contribution: 0

Years to vest: 0

Automatic enrollment: Y

Anadarko Petroleum

Score: 72%

Potential match: 6%

Additional contribution: 4%

Years to vest: 0

Automatic enrollment: Y

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Biogen

Score: 72%

Potential match: 6%

Additional contribution: 0

Years to vest: 0

Automatic enrollment: N

Boeing

Score: 72%

Potential match: 4%

Additional contribution: 4%

Years to vest: 0

Automatic enrollment: Y

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Chevron

Score: 72%

Potential match: 8%

Additional contribution: 0

Years to vest: 0

Automatic enrollment: N

Google

Score: 72%

Potential match: 6%

Additional contribution: 0

Years to vest: 0

Automatic enrollment: Y

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Halliburton

Score: 72%

Potential match: 5%

Additional contribution: 4%

Years to vest: 2

Automatic enrollment: Y

Monsanto

Score: 72%

Potential match: 6.4%

Additional contribution: 3-7%

Years to vest: 5

Automatic enrollment: Y

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PPG Industries

Score: 72%

Potential match: 6%

Additional contribution: 0

Years to vest: 0

Automatic enrollment: Y

Time Warner

Score: 72%

Potential match: 7%

Additional contribution: 0

Years to vest: 2

Automatic enrollment: Y