Long Prairie Packing Company, LLC
45
Plan:
Long Prairie Packing Company, Inc. Union 401K Retirement Plan
20
59
88
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 43 point difference between this plan's BrightScope Rating (45) and the top rated plan (88) could equate to:
[How is this calculated?]
[How is this calculated?]
21 additional years of work Up to $219,000 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
Long Prairie Packing Company, Inc. Union 401K Retirement Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 45. This plan is in the top 35% of plans for Investment Menu Quality. Long Prairie Packing Company, Inc. Union 401K Retirement Plan currently has over 100 active participants and over $1.2M in plan assets.
Retirement Plan Details
| Address |
Po Box 933
Fairmont, MN 56031-0933 |
| Industry | Manufacturing |
| Administrator | Robert A. Hovde |
| Net Plan Assets | $1,200,000 |
| Total Participants | 200 |
| Avg Account Balance | $5,400 |
Compare Other Companies in Peer Group
| Baker Cheese Factory | 70.8 |
| Cloverdale Foods Company | 64.4 |
| F. B. Purnell Sausage Co. | 54.6 |
| Earp Meat Company | 52.3 |
| Family Brands International, LLC | 50.1 |
| Martins Abattoir & Wholesale | 48.5 |
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