Biogen Idec 401(k) Savings Plan

Wealthminder's Take

Biogen Idec 401(k) Savings Plan at Biogen Idec Inc. in the Manufacturing industry has 3 investment options, and a total of $823,853,859.00 in assets. With 6,381 participants, the Biogen Idec 401(k) Savings Plan has an average balance per participant of $129,110.46.

Plan Ratings
Compared to other Manufacturing plans
Wealthminder Rating
8
66
Your Plan
89

The Wealthminder rating is a quantitative scoring of 401k plans based on information submitted in regulatory filing documents. The rating was developed by Wealthminder and benchmarks a company's 401k plan against other plans in its industry peer group.

Wealthminder designed the rating to help employees to evaluate the relative quality of their employer's 401k plan, as well as for administrators to identify areas where they can make improvements.

Component Rating
Score
Total Plan Cost
56
Company Match Level
63
Employee Participation Rate
61
Employee Contribution Level
88
Average Balance Size
85
Biogen Idec Inc. Details
Address
14 Cambridge Center
Cambridge, MA 02142
Telephone
617-679-2000
Total Assets
$823,853,859.00
Filing Year
2,015
Plan Type
Single Employer
Total Participants
6,381
Plan Investment Options
Name
Sponsor
Current Value
Fid Growth Co Pool
Fidelity Management Trust Company
$99,501,541.00
Fid Low Pr Stk Pool
Fidelity Management Trust Company
$54,601,545.00
Fid Divsfd Intl Pool
Fidelity Management Trust Company
$43,447,699.00
Service Providers
  • Fidelity Investments Institutional
Want professional advice on your Biogen Idec 401(k) Savings Plan? Request free proposals from financial advisors today.
Do you work at Biogen Idec Inc.? Do you see something that isn't correct in this data or have questions? Please contact us and let us know.