First Mercury Financial Corporation
67
Plan:
First Mercury Financial Corporation & Affiliates 401k Plan & Trust
37
72
88
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 21 point difference between this plan's BrightScope Rating (67) and the top rated plan (88) could equate to:
[How is this calculated?]
[How is this calculated?]
12 additional years of work Up to $138,200 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
First Mercury Financial Corporation & Affiliates 401k Plan & Trust is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 67. This plan is in the top 35% of plans for Investment Menu Quality and Salary Deferral. First Mercury Financial Corporation & Affiliates 401k Plan & Trust currently has over 400 active participants and over $16.1M in plan assets.
Retirement Plan Details
| Address |
26600 Telegraph Road
Southfield, MI 48033 |
| Industry | Finance and Insurance |
| Administrator | Jacqueline Allison |
| Net Plan Assets | $16,100,000 |
| Total Participants | 420 |
| Avg Account Balance | $39,000 |
Compare Other Companies in Peer Group
| UCare Minnesota | 71.8 |
| The Rawlings Company LLC | 68.0 |
| Arrowhead General Insurance Agency | 67.4 |
| Rain and Hail Insurance Service | 66.2 |
| AAA Oregon/Idaho | 64.9 |
| California Capital Insurance Company | 57.9 |
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