Compensation Strategies Group, Ltd.
Nicholas Pension Consultants
Nova 401(k) Associates
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|The Merger of Two Mega 401(k)s|
Money Management Intelligence
May 12, 2015
"For the two companies' 401(k) plans, [Verizon's purchase of AOL] is a great development.... Verizon has one of the biggest savings plan for retirement. Its 401(k) has 74,000 participants and over $13 billion in assets as of 2013 ... AOL, with 9,400 participants and $609 million in assets, is on the bigger side of 401(k) plans as well, although most certainly not as big as Verizon's -- despite being in a sector not known for its strong 401(k) offerings. AOL's employees have not been too happy with their plan, however."
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