Top 401(k) Plans in Dallas-Fort Worth Area

We are pleased to share our 2014 list of the Top 25 companies in the Dallas-Fort Worth area with the highest ranked 401k plans containing more than $100 million in assets.

“In the past four years, there has been a strong increase in the quality of Top 401k Plans in the Dallas-Fort Worth area,” said Dan Weeks, Co-Founder of BrightScope. “Since 2010, the number of local companies offering employees a 401k plan that has a BrightScope ranking above 80 has more than doubled, going from less than 10 to more than 25 today.”

The previous list of Top Dallas-Ft. Worth 401k Plans was published in 2010. Noteworthy findings in this year’s list include:

  • Frontrunner Southwest Airlines Co., Akin Gump Strauss Hauer & Feld, L.L.P., Thompson & Knight, LLP, Gardere Wynne Sewell LLP, VHA, Inc., and Texas Instruments Incorporated are the only companies to appear on the list both years
  • Average account balance for plans listed is $174,561
  • Average participation rate for plans on the list is 94.81%
  • Average company generosity for plans listed is $8,697; the median is $8,474
  • Average salary deferral for plans listed is $10,007; the median is $9,679


Top 25 Dallas-Fort Worth area companies with the highest ranked 401k plans containing more than $100 million in assets:

Rank

Company

Plan Name

BrightScope Rating

1 Southwest Airlines Co. Southwest Airlines Pilots Retirement Savings Plan 90.55
2 Pinnacle Anesthesia Consultants, P.A. P.A.C. 401(k) Profit Sharing Plan and Trust 87.75
3 Nokia Solutions and Networks US LLC Nokia Solutions and Networks Savings Plan 87.20
4 HollyFrontier Corporation HollyFrontier Corporation 401(k) Retirement Savings Plan 87.07
5 Galderma Laboratories, Inc. Galderma Laboratories, Inc. Employees’ 401(k) and Employer Contribution Plan 86.92
6 Thompson & Knight, LLP Thompson & Knight Retirement Savings Plan 86.53
7 AirTran Airways, Inc. AirTran Airways Pilot Retirement Savings and Investment Plan 86.12
8 STMicroelectronics, Inc. STMicroelectronics, Inc. 401(k) Savings Plan 84.92
9 Gardere Wynne Sewell LLP Gardere Wynne Sewell LLP Savings and Retirement Plan and Trust 84.79
10 Spectra Energy Corporation Spectra Energy Retirement Savings Plan 84.75
11 Nokia, Inc. Nokia Retirement Savings and Investment Plan 84.66
12 Akin Gump Strauss Hauer & Feld, L.L.P. Akin Gump Strauss Hauer & Feld, L.L.P. Section 401(k) Profit Sharing Plan 84.55
13  Mary Kay, Inc. Mary Kay, Inc. Retirement Plan 84.26
14 Fluor Corporation Fluor Corporation Employees’ Savings Investment Plan 83.53
15 The North American Coal Corporation The North American Coal Corporation Retirement Savings Plan 82.38
16 Texas Instruments Incorporated TI Contribution and 401k Savings Plan 82.22
17 BT Americas Holdings, Inc. BT U.S. Retirement Savings Plan 401(k) 82.12
18 Winstead PC Winstead 401(k) Savings & Profit Sharing Plan 82.11
19 Jackson Walker LLP Jackson Walker LLP Qualified Retirement Plan 81.57
20 Celanese Americas LLC Celanese Americas Retirement Savings Plan 81.26
21 Texas Instruments Incorporated TI 401(k) Savings Plan 81.22
22 VHA, Inc. VHA 401(k) Savings Plan 81.07
23 Energy Future Holdings Corporation EFH Thrift Plan 80.84
24 Pioneer Natural Resources USA, Inc. Pioneer Natural Resources USA, Inc. 401(k) and Matching Plan 80.74
25 Hunt Consolidated, Inc. Hunt Consolidated, Inc. Fidelity Thrift Plan 80.36

BrightScope’s 401k plan Rating was developed by BrightScope, Inc. with the help of leading academics and independent 401k fiduciaries. Analyzing more than 200 individual data points, the BrightScope Rating algorithm can calculate a single numerical score for each 401k plan in the country. The data points examined cover broad categories such as total plan cost, company generosity and investment menu quality.

BrightScope has rated nearly 50,000 401k and 403b plans, spanning more than 57 million workers and over $3 trillion in assets. Industry adoption of the BrightScope Rating will lead to more cost-effective plans, increased participation rates, higher employee satisfaction and better outcomes for the 60 million employees who depend on their 401k plan for retirement.

DISCLAIMER: Ratings continually change as data is updated over time. Ratings should be viewed as a “snapshot in time.” To view current ratings information for a given plan click to view the company’s plan page. The rating on the plan page may not match the rating at the time of the release of the rankings.

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