Horace Mann Service Corporation
42
Plan:
18
63
87
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 45 point difference between this plan's BrightScope Rating (42) and the top rated plan (87) could equate to:
[How is this calculated?]
[How is this calculated?]
23 additional years of work Up to $325,500 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
Horace Mann Service Corporation Money Purchase Pension Plan is a defined contribution plan. This plan has a BrightScope Rating of 42. This plan is in the top 15% of plans for Total Plan Cost. Horace Mann Service Corporation Money Purchase Pension Plan currently has over 3,400 active participants and over $148.6M in plan assets.
Retirement Plan Details
| Address |
1 Horace Mann Plaza
Springfield, IL 62701-1324 |
| Industry | Finance and Insurance |
| Administrator | Kathryn Karr On Behalf of Hmsc |
| Sponsor | Bret A. Conklin On Behalf of Hmsc |
| Net Plan Assets | $149,000,000 |
| Total Participants | 3,500 |
| Avg Account Balance | $42,000 |
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