BOSTON SCIENTIFIC CORPORATION 401(K) RETIREMENT

Plan Contact

  • Address: 300 BOSTON SCIENTIFIC WAY,,MARLBOROUGH,MA
  • Contact person: GAIL BEAUREGARD
  • Phone: (508) 683-4000

Plan General Information

BOSTON SCIENTIFIC CORPORATION 401(K) RETIREMENT Total Retirement Plan Assets

At the end of 2015, the total retirement plan assets of BOSTON SCIENTIFIC CORPORATION 401(K) RETIREMENT is $2,609,300,450.00.This plan was established in 1987.

BOSTON SCIENTIFIC CORPORATION 401(K) RETIREMENT Total Number of Retirement Plan Participants

At the end of 2015, the total number of retirement plan participants in BOSTON SCIENTIFIC CORPORATION 401(K) RETIREMENT is 21344

BOSTON SCIENTIFIC CORPORATION 401(K) RETIREMENT Average Participant Retirement Account Value

In 2015, the average participant retirement account value for BOSTON SCIENTIFIC CORPORATION 401(K) RETIREMENT is $122,249.00

BOSTON SCIENTIFIC CORPORATION 401(K) RETIREMENT Estimated Average Employee Contribution Amount

In 2015, the estimated average employee contribution amount per participant for BOSTON SCIENTIFIC CORPORATION 401(K) RETIREMENT is $9,699.00.

BOSTON SCIENTIFIC CORPORATION 401(K) RETIREMENT Estimated Average Employer Match

In 2015, the estimated average employer match for an employee in BOSTON SCIENTIFIC CORPORATION 401(K) RETIREMENT is approximately $3,284.00
Investing in this additonal $3,284.00 for 20 years would give you extra $210,179.00, assuming a 10% annual return.

BOSTON SCIENTIFIC CORPORATION 401(K) RETIREMENT Total Employer Contribution and Match Rate

In 2015, BOSTON SCIENTIFIC CORPORATION 401(K) RETIREMENT allocates $70,094,902.00 to match its employees' contributions, providing an employer match rate of 67.71% of their contributions

BOSTON SCIENTIFIC CORPORATION 401(K) RETIREMENT Total Retirement Plan Asset Growth Rate

In 2015, the total retirement plan asset growth rate of BOSTON SCIENTIFIC CORPORATION 401(K) RETIREMENT is 3.60%.

BOSTON SCIENTIFIC CORPORATION 401(K) RETIREMENT Estimated Aggregate Retirement Account Investment Gain/Loss

In 2015, the estimated aggregate retirement account investment gain/loss for BOSTON SCIENTIFIC CORPORATION 401(K) RETIREMENT is 2.40%. This measures the effectiveness of the plan participants' investments in the year.

BOSTON SCIENTIFIC CORPORATION 401(K) RETIREMENT Expense Ratio

In 2015, the investment and administrative expense ratio of BOSTON SCIENTIFIC CORPORATION 401(K) RETIREMENT is 0.02%.

Enrollment Features

BOSTON SCIENTIFIC CORPORATION 401(K) RETIREMENT has the following features:
    Automatic Enrollment: It provides automatic enrollment with elective contributions deducted from payroll.
    Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.


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