Southern Minnesota Beet Sugar Cooperative
57
Plan:
34
59
90
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 33 point difference between this plan's BrightScope Rating (57) and the top rated plan (90) could equate to:
[How is this calculated?]
[How is this calculated?]
18 additional years of work Up to $217,200 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
Southern Minnesota Beet Sugar Cooperative 401k Plan B and Trust is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 57. This plan is in the top 35% of plans for Account Balances and Salary Deferral. Southern Minnesota Beet Sugar Cooperative 401k Plan B and Trust currently has over 200 active participants and over $8.3M in plan assets.
Retirement Plan Details
| Address |
83550 County Road 21
Renville, MN 56284-2319 |
| Industry | Agriculture, Forestry, Fishing and Hunting |
| Administrator | Jerry Bahma |
| Net Plan Assets | $8,250,000 |
| Total Participants | 220 |
| Avg Account Balance | $37,000 |
Compare Other Companies in Peer Group
| Owensboro Grain Company, LLC | 72.6 |
| Michigan Farm Bureau | 68.6 |
| Sugar Cane Growers Cooperative of... | 66.3 |
| Jimmy Sanders | 60.5 |
| Mesa Vineyard Management | 58.8 |
| Floral Plant Growers, LLC | 43.6 |
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