Medical Benefits Mutual Co.
66
Plan:
Medical Benefits Mutual Co. Profit Sharing Plan
35
70
87
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 21 point difference between this plan's BrightScope Rating (66) and the top rated plan (87) could equate to:
[How is this calculated?]
[How is this calculated?]
12 additional years of work Up to $50,300 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
Medical Benefits Mutual Co. Profit Sharing Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 66. This plan is in the top 15% of plans for Participation Rate. Medical Benefits Mutual Co. Profit Sharing Plan currently has over 100 active participants and over $7.6M in plan assets.
Retirement Plan Details
| Address |
1975 Tamarack Road
P.O. Box 1009 Newark, OH 43058-1009 |
| Industry | Finance and Insurance |
| Administrator | Caroline Fraker |
| Sponsor | Timothy Mulligan |
| Net Plan Assets | $7,620,000 |
| Total Participants | 180 |
| Avg Account Balance | $44,000 |
Compare Other Companies in Peer Group
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| National Security Insurance Company | 64.3 |
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