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Company:
Hiawatha Homes, Inc.
Plan:
Hiawatha Homes, Inc. 401k Profit Sharing Plan
 

Hiawatha Homes, Inc.

45 Plan: Hiawatha Homes, Inc. 401k Profit Sharing Plan

 
 
45
11
45
63
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 18 point difference between this plan's BrightScope Rating (45) and the top rated plan (63) could equate to:
[How is this calculated?]
7 additional years of work
Up to $192,900 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

Hiawatha Homes, Inc. 401k Profit Sharing 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. Hiawatha Homes, Inc. 401k Profit Sharing Plan currently has over 200 active participants and over $1.9M in plan assets.

 

 Retirement Plan Details

Address 1820 Valkyrie Dr Nw
Rochester, MN 55901-2441 
Industry Health Care and Social Assistance
Administrator Cindy S. Ostrowski
Net Plan Assets $1,870,000
Total Participants 250
Avg Account Balance $7,600

 Top 3 Funds in this 401k

1. Minnesota Life General Account 24%
2. Minnesota Life Managed IV 15%
3. Minnesota Life Large Equity Index I 14%

  Plan Service Providers

Auditor Smith Schafer & Associates, Ltd
Insurance Carrier Minnesota Life

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