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Company:
Lakes Gas Co.
Plan:
Lakes Gas Co. 401k Profit Sharing Plan & Trust
 

Lakes Gas Co.

51 Plan: Lakes Gas Co. 401k Profit Sharing Plan & Trust

 
 
51
34
75
87
0
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For the average 401k participant, the 36 point difference between this plan's BrightScope Rating (51) and the top rated plan (87) could equate to:
[How is this calculated?]
18 additional years of work
Up to $226,700 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

Lakes Gas Co. 401k Profit Sharing Plan & Trust is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 51. Lakes Gas Co. 401k Profit Sharing Plan & Trust currently has over 200 active participants and over $2.3M in plan assets.

 

 Retirement Plan Details

Address 655 S Lake Street
Forest Lake, MN 55025 
Industry Natural Gas Distribution
Administrator Steven Sargeant
Net Plan Assets $2,340,000
Total Participants 260
Avg Account Balance $9,000

 Top 3 Funds in this 401k

1. Key Guaranteed Portfolio Fund 18%
2. American Funds EuroPacific Growth 13%
3. Maxim T. Rowe Price Equity Income 12%

  Plan Service Providers

Insurance Carrier Great-West Life
Insurance Advisor/Broker Unison Inc
Insurance Advisor/Broker KMS Financial Services, Inc.
Auditor Cummings, Keegan & Co., P.L.L.P.

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