Faegre & Benson LLP
81
Plan:
81
60
93
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 12 point difference between this plan's BrightScope Rating (81) and the top rated plan (93) could equate to:
[How is this calculated?]
10 additional years of work
Up to $52,900 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.
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Retirement Plan Description
Faegre & Benson Basic Retirement Plan is a defined contribution plan with a profit-sharing component. This plan has a BrightScope Rating of 81. This plan is in the top 15% of plans for Account Balances, Company Generosity, Participation Rate, and Total Plan Cost. Faegre & Benson Basic Retirement Plan currently has over 700 active participants and over $111.9M in plan assets.
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