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Company:
U.M.C., Inc.
Plan:
U.M.C., Inc. Employee 401k Plan
 

U.M.C., Inc.

64 Plan: U.M.C., Inc. Employee 401k Plan

 
 
64
24
58
78
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 14 point difference between this plan's BrightScope Rating (64) and the top rated plan (78) could equate to:
[How is this calculated?]
6 additional years of work
Up to $125,300 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

U.M.C., Inc. Employee 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 64. This plan is in the top 15% of plans for Investment Menu Quality. U.M.C., Inc. Employee 401k Plan currently has over 100 active participants and over $5.6M in plan assets.

 

 Retirement Plan Details

Address 500 Chelsea Rd
Monticello, MN 55362-8406 
Industry Manufacturing
Administrator Christel Jaunich
Net Plan Assets $5,620,000
Total Participants 140
Avg Account Balance $39,000

 Top 3 Funds in this 401k

1. Principal Large Cap S&P 500 Index 15%
2. Principal Bond & Mortgage Securities 10%
3. Principal Guaranteed Interest Account 9%

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