Rate Your 401K

[Like2Plan]

I know I have visited this site a long time ago, but I misplaced the link. Then, DH reminded me of it recently.
If your 401K is large enough, the website will compare it with others in the same group and give you a rating. It is nice to know type info.

Brightscope--rate your 401k/403b

[kork13]

Interesting link, thanks for sharing. It's a little reassuring to see mine (the military's TSP) listed fairly positively.

One curious aspect, though, are some of the factors they consider in their comparison. Some of them make sense (Plan Cost, Company Generosity, & Participation Rate), but others seem a little strange (average Salary Deferral Rate & average Account Balance). I guess I've never looked closely into comparing 401k plans, but how are those factors in determining a "good" vs. "poor" 401k plan?

[Like2Plan]

Interesting link, thanks for sharing. It's a little reassuring to see mine (the military's TSP) listed fairly positively.

One curious aspect, though, are some of the factors they consider in their comparison. Some of them make sense (Plan Cost, Company Generosity, & Participation Rate), but others seem a little strange (average Salary Deferral Rate & average Account Balance). I guess I've never looked closely into comparing 401k plans, but how are those factors in determining a "good" vs. "poor" 401k plan?

I'm not sure what is all means, but it is interesting to look at the form 5500 data.

[BostonMike]

I'm not sure what is all means, but it is interesting to look at the form 5500 data.

I found that interesting as well.


My company is rated 74. No clue what that means though.