Home  >   401k Directory   >   SFM Mutual Insurance Company
 
Company:
SFM Mutual Insurance Company
Plan:
SFM Mutual Insurance Company Savings and Retirement Plan
 

SFM Mutual Insurance Company

78 Plan:

 
 
78
9
73
87
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 9 point difference between this plan's BrightScope Rating (78) and the top rated plan (87) could equate to:
[How is this calculated?]
6 additional years of work
Up to $44,700 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

SFM Mutual Insurance Company Savings and Retirement Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 78. This plan is in the top 15% of plans for Account Balances, Participation Rate, and Salary Deferral. SFM Mutual Insurance Company Savings and Retirement Plan currently has over 200 active participants and over $28.2M in plan assets.

 

 
Plan Component Ratings

 Retirement Plan Details

Address 3500 American Blvd W Ste 700
Bloomington, MN 55431-4439 
Industry Finance and Insurance
Administrator Phillip Altmann
Net Plan Assets $28,200,000
Total Participants 220
Avg Account Balance $130,000

 Compare Other Companies in Peer Group

The Medical Protective Company 82.3
FPIC Insurance Group 80.7
Pioneer State Mutual Insurance Co. 77.9
Quincy Mutual Fire Insurance Co. 75.5
Indiana Farmers Mutual Insurance... 73.1
U.S. Epperson Underwriting Company 69.6

 Top 3 Funds in this 401k

1. Principal Stable Value Fund 14%
2. T. Rowe Price Mid-Cap Growth 10%
3. Principal Large Cap S&P 500 Index 10%

  Plan Service Providers

Insurance Carrier Principal Financial Group
Administration Principal Financial Group
Investment Adviser Financial Concepts, Inc.
Auditor Strohm Ballweg, LLP

 Comments