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THE PRUDENTIAL INSURANCE COMPANY OF AMERICA

Newark, New Jersey
500+ employees
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Retirement Plan Detail

Retirement Plan Ranking

Retirement Plan:
The Prudential Employee Savings Plan
This plan lags significantly behind industry standards, which can hurt recruitment efforts and lead to higher employee turnover.
THE PRUDENTIAL INSURANCE COMPANY OF AMERICA
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Plan Benchmark

Disclaimer: Ratings are based on firm-provided, independently audited data and reflect Mployer Advisor's opinion. They are not financial or legal advice and should be one of many factors considered when evaluating a retirement plan.
$5,019
Avg Employer Contribution per Person per Year
Competitive
EE Friendly
Plan Design
Leading
Not EE Friendly
Admin Fees as a % of Total Assets
Laggard
11%
1 Year Return
Laggard

Peer Group

Size
500+ employees
Region
Middle Atlantic
Industry
Finance and Insurance

Employer & Employee Contribution

Factors like longer employee tenure and more generous match rates result in higher contributions.
Average Employer Contribution
Employer
Cohort
Average Employee Contribution
Employee
Cohort

Plan Details

Plan name
The Prudential Employee Savings Plan
Plan type
401k
Plan start date
07/01/1970
Plan assets
$10,729,306,593
Participation Rate
96.29 %
Loan %
0.28 %
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Key Plan Features

Each employer retirement plan is unique with different features that can benefit employees.
Loans
Yes
Self-directed
No
Auto-Enroll
Yes
Vesting Requirements
No

Returns

The below return percentage is an approximate one-year return. Specific employee start date's and other factors can shift the percentage up or down.
Average Returns
Employer
Cohort

Administrative Fees

Retirement plans pays fees each year to advisors and other vendors. This shows how your fees compare to like plans both as a percent of total and overall.
Administration Fees $
Employer
Cohort
Administrative Fees %
Employer
Cohort
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Just a few of the companies in your cohort

JPMORGAN CHASE BANK, NATIONAL ASSOCIATIONJPMORGAN CHASE BANK, NATIONAL ASSOCIATIONMORGAN STANLEY DOMESTIC HOLDINGS, LLCMORGAN STANLEY DOMESTIC HOLDINGS, LLCTHE CIGNA GROUPTHE CIGNA GROUPCIGNA HOLDING COMPANYCIGNA HOLDING COMPANYTHE GOLDMAN SACHS GROUP, INC.THE GOLDMAN SACHS GROUP, INC.UBS AGUBS AGTHE PNC FINANCIAL SERVICES GROUP, INC.THE PNC FINANCIAL SERVICES GROUP, INC.THE BANK OF NEW YORK MELLON CORPORATIONTHE BANK OF NEW YORK MELLON CORPORATIONAMERICAN EXPRESS COMPANY AND ITS PARTICIPATING SUBSIDIARIESAMERICAN EXPRESS COMPANY AND ITS PARTICIPATING SUBSIDIARIESMETLIFE GROUP, INC.METLIFE GROUP, INC.

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