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Company:
Penn Millers Insurance Company
Plan:
Penn Millers Insurance Company 401k Plan
 

Penn Millers Insurance Company

64 Plan: Penn Millers Insurance Company 401k Plan

 
 
64
39
71
87
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 23 point difference between this plan's BrightScope Rating (64) and the top rated plan (87) could equate to:
[How is this calculated?]
13 additional years of work
Up to $119,200 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 Millers Insurance Company 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 64. This plan is in the top 35% of plans for Account Balances. Penn Millers Insurance Company 401k Plan currently has over 100 active participants and over $9.0M in plan assets.

 

 Investment Menu Statistics

No. of Investment Options
26
Plan Average: 24
Top 3 Funds in this 401k
1. MassMutual Guaranteed Interest Account 44%
2. MassMutual Premier Diversified Bond 7%
3. Fidelity Contrafund 7%

 Retirement Plan Details

Address 72 N Franklin Po Box P
Wilkes-Barre, PA 18773 
Industry Finance and Insurance
Administrator Ashwyn Diljohn
Net Plan Assets $8,980,000
Total Participants 170
Avg Account Balance $66,000

  Plan Service Providers

Insurance Carrier MassMutual
Insurance Advisor/Broker Marianne P. Lyons
Insurance Advisor/Broker Roger G Howell
Insurance Advisor/Broker TBS Agency, Inc.
Auditor ParenteBeard, LLC

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