Bristol-Myers Squibb Company Savings and Investment Program
Plan name | Bristol-Myers Squibb Company Savings and Investment Program |
Location | New York, New York |
Asset size | $6.6b |
# of participants | 10,000 or more active |
Business Category | Bio-Pharmaceuticals |
Participation Rate | 94.0% |
Avg Deferral Rate | 11.7% |
# of Funds Offered | 14 |
Investment Review | Ongoing |
True-up Feature | No |
Match Vesting Period | 5 years |
Eligibility | Immediately upon hire |
Default Deferral Rate | 6% |
Default Investment | Retail TDF (Index) |
Auto-Escalation | Yes |
Systematic Withdrawals | Yes |
Fee Equalization | No |
Match Rate | 100% of first 6% of Salary |
% Receiving Full Match | 75%–100% |
Max Employer Contribution | 9%–12%* |
Financial Education | |
Saving/Budgeting | Yes |
Investing strategies | Yes |
Tax/Estate planning | Yes |
College saving | Yes |
Credit/Debt mgmt | Yes |
Retiree health costs/savings options | Yes |
Recordkeeper: | Fidelity Investments |