DISCOVER FINANCIAL SERVICES 401K PLAN

  • Address: 2500 LAKE COOK ROAD,RIVERWOODS,IL
  • Phone: (224) 405-0900
Investment Options of DISCOVER FINANCIAL SERVICES 401K PLAN (as of 2022)
MELLON EB TEMPORARY INVESTMNT FD II (THE BANK OF NEW YORK MELLON)
SSG ALL CAP EQUITY EX-US INDEX SEC (STATE STREET GLOBAL ADVISORS TRUST COMPANY)
SS S&P 500 INDEX SEC C-II (STATE STREET GLOBAL ADVISORS TRUST COMPANY)
JPMCB U.S. ANALYST FUND CF-A CLASS (JP MORGAN CHASE BANK)
RUSSELL SMALL/MID CAP INDEX SEC CII (STATE STREET GLOBAL ADVISORS TRUST COMPANY)
Click for all funds ↓↓↓
U.S. BOND INDEX SEC- C XIV (STATE STREET GLOBAL ADVISORS)
TARGET RETIREMENT SEC INCM C-V (STATE STREET GLOBAL ADVISORS)
TARGET RETIREMENT 2020 SEC C-V (STATE STREET GLOBAL ADVISORS TRUST COMPANY)
TARGET RETIREMENT 2025 SEC C-V (STATE STREET GLOBAL ADVISORS TRUST COMPANY)
TARGET RETIREMENT 2030 SEC C-V (STATE STREET GLOBAL ADVISORS TRUST COMPANY)
TARGET RETIREMENT 2035 SEC C-V (STATE STREET GLOBAL ADVISORS TRUST COMPANY)
TARGET RETIREMENT 2040 SEC C-V (STATE STREET GLOBAL ADVISORS TRUST COMPANY)
TARGET RETIREMENT 2045 SEC C-V (STATE STREET GLOBAL ADVISORS TRUST COMPANY)
TARGET RETIREMENT 2050 SEC C-V (STATE STREET GLOBAL ADVISORS TRUST COMPANY)
TARGET RETIREMENT 2055 SEC C-V (STATE STREET GLOBAL ADVISORS TRUST COMPANY)
TARGET RETIREMENT 2060 SEC C-V (STATE STREET GLOBAL ADVISORS TRUST COMPANY)
TARGET RETIREMENT 2065 SEC C-V (STATE STREET GLOBAL ADVISORS TRUST COMPANY)
LOOMIS SAYLES CORE PLUS FIXD INCM C (LOOMIS, SAYLES TRUST CO, LLC)
ROTHCHILD US SM/MD CAP CORE CIT FD (SEI TRUST COMPANY)
INVESCO STABLE VALUE TRUST, CLSS B1 (INVESCO TRUST COMPANY)

DISCOVER FINANCIAL SERVICES 401K PLAN 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.

At the end of 2022, the total retirement plan assets of DISCOVER FINANCIAL SERVICES 401K PLAN is $2,236,723,322.00.This plan was established in 2007.

At the end of 2022, the total number of retirement plan participants in DISCOVER FINANCIAL SERVICES 401K PLAN is 23042

In 2022, the average participant retirement account value for DISCOVER FINANCIAL SERVICES 401K PLAN is $97,071.00

In 2022, the estimated average employee contribution amount per participant for DISCOVER FINANCIAL SERVICES 401K PLAN is $4,781.00

In 2022, the estimated average employer match for an employee in DISCOVER FINANCIAL SERVICES 401K PLAN is approximately $4,652.00

In 2022, DISCOVER FINANCIAL SERVICES 401K PLAN allocates $107,201,155.00 to match its employees' contributions, providing an employer match rate of 97.31% of their contributions

In 2022, the total retirement plan asset growth rate of DISCOVER FINANCIAL SERVICES 401K PLAN is -12.51%

In 2022, the estimated aggregate retirement account investment gain/loss for DISCOVER FINANCIAL SERVICES 401K PLAN is -15.56%. This measures the effectiveness of the plan participants' investments in the year.

In 2022, the investment and administrative expense ratio of DISCOVER FINANCIAL SERVICES 401K PLAN is 0.09%.

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