Hastings Mutual Insurance Co.
71
Plan:
Hastings Mutual 401k Retirement Plan
40
74
87
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 16 point difference between this plan's BrightScope Rating (71) and the top rated plan (87) could equate to:
[How is this calculated?]
[How is this calculated?]
9 additional years of work Up to $132,600 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
Hastings Mutual 401k Retirement Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 71. This plan is in the top 15% of plans for Total Plan Cost. Hastings Mutual 401k Retirement Plan currently has over 400 active participants and over $17.2M in plan assets.
Retirement Plan Details
| Address |
404 E Woodlawn Ave.
Hastings, MI 49058 |
| Industry | Finance and Insurance |
| Administrator | Dana Walters |
| Net Plan Assets | $17,200,000 |
| Total Participants | 470 |
| Avg Account Balance | $65,000 |
Compare Other Companies in Peer Group
| The Medical Protective Company | 82.3 |
| Kramer-Wilson Company | 75.1 |
| Lancer Financial Group | 75.0 |
| Columbia Insurance Group | 75.0 |
| Mutual of Enumclaw Insurance Company | 73.8 |
| Kingsway America | 71.4 |
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