Allete and Affiliated Companies Retirement Savings and Stock Ownership Plan is a defined contribution plan with a profit-sharing component, stock bonus component, 401k feature, ESOP component, and leveraged ESOP component. This plan has a BrightScope Rating of 81. This plan is in the top 15% of plans for Account Balances, Salary Deferral, and Total Plan Cost. Allete and Affiliated Companies Retirement Savings and Stock Ownership Plan currently has over 2,000 active participants and over $419.7M in plan assets.
|1.||ALLETE, Inc. Common Stock||36%|
|2.||Wells Fargo Diversified Stable Value Fund||14%|
|3.||Vanguard Institutional Index||6%|
30 West Superior Street
Duluth, MN 55802-2093
|Net Plan Assets||$420,000,000|
|Avg Account Balance||$210,000|
|STP Nuclear Operating Company||84.1|
|The United Illuminating Company||81.2|
|Idaho Power Company||80.1|
|Corporate Trustee||Bank of America Merrill Lynch|
|Recordkeeper||Bank of America Merrill Lynch|
|Legal Counsel||Kelly Hannaford Battles P.A.|
|Auditor||Reilly, Penner & Benton LLP|
Information is provided 'as is' and solely for informational purposes, not for investment purposes or advice.
BrightScope is not a fiduciary under ERISA. BrightScope is not endorsed by or affiliated with FINRA.