- Shannon
Top 25 Industries with Best 401k Plans
Brightscope.com recently ranked the top 25 industries which have more than $100 million in assets and the best 401k plans. Each industry is given a Brightscope ranking, an algorithm incorporating; “total plan cost, company generosity and investment menu quality”. For more specific information on each industry click the links below.
Industry – Number of Plans Evaluated – BrightScope Rating
1. Law – 179 plans – 82.75
2. Utilities – 114 plans – 77.32
3. Mining, Quarrying, and Oil and Gas Extraction – 61 plans – 77.10
4. Technology – 205 plans – 75.33
5. Airlines – 55 plans – 74.65
6. Professional, Scientific, and Technical Services – 191 plans – 74.33
7. Business and Finance – 416 plans – 73.58
8. Manufacturing – 1015 plans – 72.54
9. Automotive – 27 plans – 69.93
10. Wholesale Trade – 143 plans – 69.26
11. Information – 73 plans – 69.17
12. Management of Companies and Enterprises – 125 plans – 68.51
13. Arts & Entertainment – 22 plans – 67.68
14. Health & Medicine – 238 plans – 66.98
15. Other Services – 43 plans – 66.20
16. Transportation and Warehousing – 74 plans – 65.78
17. Construction – 169 plans – 65.72
18. Real Estate and Rental and Leasing – 33 plans – 65.66
19. Education – 30 plans – 65.64
20. Administrative and Support and Waste Management and Remediation Services – 46 plans – 63.83
21. Agriculture, Forestry, Fishing and Hunting – 11 plans – 57.50
22. Retail Trade – 164 plans – 57.06
23. Hotels, Casinos, and Food Services – 35 plans – 54.38
References: Brightscope.com,