Erie Indemnity Company
72
Plan:
Erie Insurance Group Employee Savings Plan
41
74
90
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 18 point difference between this plan's BrightScope Rating (72) and the top rated plan (90) could equate to:
[How is this calculated?]
[How is this calculated?]
12 additional years of work Up to $119,700 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
Erie Insurance Group Employee Savings Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 72. This plan is in the top 15% of plans for Total Plan Cost. Erie Insurance Group Employee Savings Plan currently has over 4,800 active participants and over $357.0M in plan assets.
Retirement Plan Details
| Address |
100 Erie Insurance Place
Erie, PA 16530-0001 |
| Industry | Finance and Insurance |
| Administrator | William Gheres |
| Sponsor | Gregory J Gutting |
| Net Plan Assets | $357,000,000 |
| Total Participants | 4,800 |
| Avg Account Balance | $74,000 |
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