BRISTOL-MYERS SQUIBB SAVINGS AND INVESTMENT PROGRAM

Plan Contact

  • Address: ROUTE 206 PROVINCE LINE ROAD,PRINCETON,NJ
  • Contact person: R. SCOTT MATARESE
  • Phone: (212) 546-4000

Plan General Information

BRISTOL-MYERS SQUIBB SAVINGS AND INVESTMENT PROGRAM Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of BRISTOL-MYERS SQUIBB SAVINGS AND INVESTMENT PROGRAM is $10,303,646,679.00.This plan was established in 1971.

BRISTOL-MYERS SQUIBB SAVINGS AND INVESTMENT PROGRAM Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in BRISTOL-MYERS SQUIBB SAVINGS AND INVESTMENT PROGRAM is 34651

BRISTOL-MYERS SQUIBB SAVINGS AND INVESTMENT PROGRAM Average Participant Retirement Account Value

In 2023, the average participant retirement account value for BRISTOL-MYERS SQUIBB SAVINGS AND INVESTMENT PROGRAM is $297,354.00

BRISTOL-MYERS SQUIBB SAVINGS AND INVESTMENT PROGRAM Estimated Average Employee Contribution Amount

In 2023, the estimated average employee contribution amount per participant for BRISTOL-MYERS SQUIBB SAVINGS AND INVESTMENT PROGRAM is $11,959.00.

BRISTOL-MYERS SQUIBB SAVINGS AND INVESTMENT PROGRAM Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in BRISTOL-MYERS SQUIBB SAVINGS AND INVESTMENT PROGRAM is approximately $8,348.00
Investing in this additonal $8,348.00 for 20 years would give you extra $534,315.00, assuming a 10% annual return.

BRISTOL-MYERS SQUIBB SAVINGS AND INVESTMENT PROGRAM Total Employer Contribution and Match Rate

In 2023, BRISTOL-MYERS SQUIBB SAVINGS AND INVESTMENT PROGRAM allocates $289,290,354.00 to match its employees' contributions, providing an employer match rate of 76.99% of their contributions

BRISTOL-MYERS SQUIBB SAVINGS AND INVESTMENT PROGRAM Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of BRISTOL-MYERS SQUIBB SAVINGS AND INVESTMENT PROGRAM is 14.98%.

BRISTOL-MYERS SQUIBB SAVINGS AND INVESTMENT PROGRAM Estimated Aggregate Retirement Account Investment Gain/Loss

In 2023, the estimated aggregate retirement account investment gain/loss for BRISTOL-MYERS SQUIBB SAVINGS AND INVESTMENT PROGRAM is 16.93%. This measures the effectiveness of the plan participants' investments in the year.

BRISTOL-MYERS SQUIBB SAVINGS AND INVESTMENT PROGRAM Expense Ratio

In 2023, the investment and administrative expense ratio of BRISTOL-MYERS SQUIBB SAVINGS AND INVESTMENT PROGRAM is 0.00%.

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