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Company:
Penn Mutual Life Insurance Company
Plan:
Penn Mutual Retirement & Savings Plan
 

Penn Mutual Life Insurance Company

84 Plan:

 
 
84
41
74
90
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 6 point difference between this plan's BrightScope Rating (84) and the top rated plan (90) could equate to:
[How is this calculated?]
5 additional years of work
Up to $43,200 in lost retirement savings.
The delay in retirement calculations apply solely to this defined contribution plan and do not take into account other retirement plans and programs offered by this employer.

 

Retirement Plan Description

Penn Mutual Retirement & Savings Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 84, placing it in the top 15% of all plans in its peer group. This plan is also in the top 15% of plans for Account Balances, Company Generosity, and Salary Deferral. Penn Mutual Retirement & Savings Plan currently has over 1,500 active participants and over $134.6M in plan assets.

 

 Retirement Plan Details

Address 600 Dresher Road
Horsham, PA 19044 
Industry Finance and Insurance
Administrator Edward Clemons
Sponsor David Omalley
Net Plan Assets $135,000,000
Total Participants 1,500
Avg Account Balance $100,000

 Top 3 Funds in this 401k

1. Wells Fargo Stable Return Trust 41%
2. Penn Mutual T. Rowe Price Flexibly Managed 16%
3. Penn Mutual T. Rowe Price Large Growth Stock 7%

  Plan Service Providers

Insurance Carrier Penn Mutual
Recordkeeper Ascensus, Inc.
Auditor PricewaterhouseCoopers LLP

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