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Company:
Frankenmuth Mutual Insurance Company
Plan:
Frankenmuth Insurance 401k Savings Plan
 

Frankenmuth Mutual Insurance Company

70 Plan: Frankenmuth Insurance 401k Savings Plan

 
 
70
40
73
87
0
10
20
30
40
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60
70
80
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100
For the average 401k participant, the 17 point difference between this plan's BrightScope Rating (70) and the top rated plan (87) could equate to:
[How is this calculated?]
10 additional years of work
Up to $44,500 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

Frankenmuth Insurance 401k Savings Plan is a defined contribution plan with a 401k feature. This plan has a BrightScope Rating of 70. This plan is in the top 15% of plans for Investment Menu Quality and Total Plan Cost. Frankenmuth Insurance 401k Savings Plan currently has over 700 active participants and over $52.6M in plan assets.

 

 Retirement Plan Details

Address One Mutual Avenue
Frankenmuth, MI
Industry Finance and Insurance
Administrator Bryan Gilleland
Net Plan Assets $52,600,000
Total Participants 750
Avg Account Balance $70,000

 Top 3 Funds in this 401k

1. T. Rowe Price Stable Value Fund 16%
2. T. Rowe Price Mid-Cap Growth 15%
3. T. Rowe Price Equity Income 5%

  Plan Service Providers

Auditor Rehmann Financial
Recordkeeper T. Rowe Price

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