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Company:
MJ Insurance, Inc.
Plan:
Employees' Profit Sharing and Salary Deferral Plan of MJ Insurance, Inc.
 

MJ Insurance, Inc.

77 Plan: Employees' Profit Sharing and Salary Deferral Plan of MJ Insurance, Inc.

 
 
77
4
59
87
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 10 point difference between this plan's BrightScope Rating (77) and the top rated plan (87) could equate to:
[How is this calculated?]
7 additional years of work
Up to $11,100 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

Employees' Profit Sharing and Salary Deferral Plan of MJ Insurance, Inc. is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 77, placing it in the top 15% of all plans in its peer group. This plan is also in the top 15% of plans for Account Balances and Participation Rate. Employees' Profit Sharing and Salary Deferral Plan of MJ Insurance, Inc. currently has over 100 active participants and over $9.0M in plan assets.

 

 Investment Menu Statistics

No. of Investment Options
22
Plan Average: 24
Largest Funds in this 401k: based on % allocation of assets
1. Thornburg International Value 14%
2. American Funds AMCAP 12%
3. DWS Equity Dividend 12%

 Retirement Plan Details

Address 9925 Priority Way West Drive
Indianapolis, IN 46240 
Industry Finance and Insurance
Administrator Nancy L. Rife
Sponsor Brian Friend
Net Plan Assets $9,010,000
Total Participants 110
Avg Account Balance $83,000

  Plan Service Provider

Auditor Bkd, LLP

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