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Company:
Western National Mutual Insurance Company
Plan:
Western National Salary Accumulation Program
 

Western National Mutual Insurance Company

73 Plan: Western National Salary Accumulation Program

 
 
73
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73
87
0
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For the average 401k participant, the 14 point difference between this plan's BrightScope Rating (73) and the top rated plan (87) could equate to:
[How is this calculated?]
9 additional years of work
Up to $115,400 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

Western National Salary Accumulation Program is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 73. This plan is in the top 15% of plans for Account Balances and Total Plan Cost. Western National Salary Accumulation Program currently has over 400 active participants and over $43.0M in plan assets.

 

 
Plan Component Ratings

 Retirement Plan Details

Address 5350 West 78th Street
Edina, MN 55439 
Industry Finance and Insurance
Administrator Virginia Latocki
Net Plan Assets $43,000,000
Total Participants 440
Avg Account Balance $97,000

 Compare Other Companies in Peer Group

AEGIS Insurance Services 85.2
ISMIE Mutual Insurance Company 84.9
Western World Insurance Group 82.2
Church Mutual Insurance Company 69.4
United Fire & Casualty Company 67.8
CIGNA Health Management 39.5

 Top 3 Funds in this 401k

1. New York Life Guaranteed Investment Contract 19%
2. Principal Large Cap Growth I 11%
3. PIMCO Total Return 9%

  Plan Service Providers

Insurance Carrier New York Life
Insurance Carrier Principal Financial Group
Administration Principal Financial Group
Auditor Strohm Ballweg, LLP

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