BancMidwest Corporation
73
Plan:
BancMidwest Corporation Retirement & Savings Plan
17
63
87
0
10
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70
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100
For the average 401k participant, the 14 point difference between this plan's BrightScope Rating (73) and the top rated plan (87) could equate to:
[How is this calculated?]
[How is this calculated?]
9 additional years of work Up to $20,500 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
BancMidwest Corporation Retirement & Savings Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 73, placing it in the top 15% of all plans in its peer group. This plan is also in the top 15% of plans for Salary Deferral. BancMidwest Corporation Retirement & Savings Plan currently has over 100 active participants and over $5.7M in plan assets.
Retirement Plan Details
| Address |
360 N Robert St, Suite700
St Paul, MN 55101-1582 |
| Industry | Commercial Banking |
| Administrator | Lou Johnson |
| Net Plan Assets | $5,660,000 |
| Total Participants | 130 |
| Avg Account Balance | $43,000 |
Compare Other Companies in Peer Group
Top 3 Funds in this 401k
| 1. | Minnesota Life Guaranteed Interest Account | 37% |
| 2. | Minnesota Life Large Value Equity XII | 10% |
| 3. | Minnesota Life International Core I | 8% |
Plan Service Providers
| Insurance Carrier | Minnesota Life |
| Insurance Advisor/Broker | James W Caspers |
| Insurance Advisor/Broker | Christopher M Reisdorf |
| Insurance Advisor/Broker | Keith R Meyers |
| Insurance Advisor/Broker | Randy M Penkwitz |
| Insurance Advisor/Broker | Bryan P. Godland |
| Insurance Advisor/Broker | Minnesota Life |
| Investment Adviser | Minnesota Life |
| Administration | Minnesota Life |
| Recordkeeper | Minnesota Life |
| Consultant | Minnesota Life |
| Auditor | Larson Allen LLP |
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