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Company:
Ohio Farmers Insurance Company
Plan:
Westfield Employee Retirement Savings Plan
 

Ohio Farmers Insurance Company

75 Plan:

 
 
75
41
74
90
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 15 point difference between this plan's BrightScope Rating (75) and the top rated plan (90) could equate to:
[How is this calculated?]
10 additional years of work
Up to $80,700 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

Westfield Employee Retirement Savings Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 75. This plan is in the top 15% of plans for Participation Rate and Total Plan Cost. Westfield Employee Retirement Savings Plan currently has over 2,800 active participants and over $138.7M in plan assets.

 

 Retirement Plan Details

Address P.O. Box 5001
One Park Circle
Westfield Center, OH 44251 
Industry Insurance Agencies and Brokerages
Administrator Christopher M. Paterakis
Net Plan Assets $139,000,000
Total Participants 2,800
Avg Account Balance $50,000

 Compare Other Companies in Peer Group

Lockton 80.8
Holmes Murphy & Associates 77.9
Arthur J. Glatfelter Agency 74.5
Hub International Limited 72.4
Meadowbrook 70.0
Boat America 62.2

 Top 3 Funds in this 401k

1. American Funds EuroPacific Growth 16%
2. T. Rowe Price New Income 14%
3. T. Rowe Price Equity Income 12%

  Plan Service Providers

Corporate Trustee Charles Schwab
Administration Charles Schwab
Recordkeeper Charles Schwab
Corporate Trustee T. Rowe Price
Recordkeeper T. Rowe Price
Auditor SS&G Financial Services, Inc.

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