3M VOLUNTARY INVESTMENT PLAN AND EMPLOYEE STOCK OWNERSHIP PLAN
- Address: 3M CENTER,,ST. PAUL,MN
- Contact person: DEIDRE REHFELD
- Phone: (651) 733-1005
| Investment Options of 3M VOLUNTARY INVESTMENT PLAN AND EMPLOYEE STOCK OWNERSHIP PLAN (as of 2022) |
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| 3M VOLUNTARY INVESTMENT PLAN & SAVI (3M COMPANY) |
| COLLECTIVE TRUST GOVT SHORT TERM IN (THE BANK OF NEW YORK MELLON) |
3M VOLUNTARY INVESTMENT PLAN AND EMPLOYEE STOCK OWNERSHIP PLAN has the following features:
Self-directed Brokerage: It allows participants or employees to allocate part or all of its account to a self directed brokereage account as an investment option.
At the end of 2022, the total retirement plan assets of 3M VOLUNTARY INVESTMENT PLAN AND EMPLOYEE STOCK OWNERSHIP PLAN is $11,138,527,656.00.This plan was established in 1982.
At the end of 2022, the total number of retirement plan participants in 3M VOLUNTARY INVESTMENT PLAN AND EMPLOYEE STOCK OWNERSHIP PLAN is 55640
In 2022, the average participant retirement account value for 3M VOLUNTARY INVESTMENT PLAN AND EMPLOYEE STOCK OWNERSHIP PLAN is $200,189.00
In 2022, the estimated average employee contribution amount per participant for 3M VOLUNTARY INVESTMENT PLAN AND EMPLOYEE STOCK OWNERSHIP PLAN is $6,951.00
In 2022, the estimated average employer match for an employee in 3M VOLUNTARY INVESTMENT PLAN AND EMPLOYEE STOCK OWNERSHIP PLAN is approximately $4,222.00
In 2022, 3M VOLUNTARY INVESTMENT PLAN AND EMPLOYEE STOCK OWNERSHIP PLAN allocates $234,937,915.00 to match its employees' contributions, providing an employer match rate of 61.03% of their contributions
In 2022, the total retirement plan asset growth rate of 3M VOLUNTARY INVESTMENT PLAN AND EMPLOYEE STOCK OWNERSHIP PLAN is -21.97%
In 2022, the estimated aggregate retirement account investment gain/loss for 3M VOLUNTARY INVESTMENT PLAN AND EMPLOYEE STOCK OWNERSHIP PLAN is -18.24%. This measures the effectiveness of the plan participants' investments in the year.
In 2022, the investment and administrative expense ratio of 3M VOLUNTARY INVESTMENT PLAN AND EMPLOYEE STOCK OWNERSHIP PLAN is 0.07%.
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