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Company:
Medical Professional Mutual Insurance
Plan:
Promutual Target Benefit Plan
 

Medical Professional Mutual Insurance

64 Plan:

 
 
64
37
72
88
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 24 point difference between this plan's BrightScope Rating (64) and the top rated plan (88) could equate to:
[How is this calculated?]
13 additional years of work
Up to $179,800 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

Promutual Target Benefit Plan is a defined contribution plan. This plan has a BrightScope Rating of 64. This plan is in the top 15% of plans for Company Generosity and Investment Menu Quality. Promutual Target Benefit Plan currently has over 200 active participants and over $6.9M in plan assets.

 

 Retirement Plan Details

Address 101 Arch Street
Boston, MA 02110 
Industry Finance and Insurance
Administrator Noreen Fiore-Sarno
Net Plan Assets $6,900,000
Total Participants 250
Avg Account Balance $28,000

 Top 3 Funds in this 401k

1. New York Life Anchor Account 12%
2. Fidelity Independence 11%
3. American Funds EuroPacific Growth 9%

  Plan Service Providers

Insurance Carrier New York Life
Investment Adviser NRP Financial
Auditor PricewaterhouseCoopers LLP

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