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Company:
Merchants Financial Group, Inc.
Plan:
Merchants Financial Group, Inc. Incentive Savings Plan
 

Merchants Financial Group, Inc.

60 Plan:

 
 
60
28
65
86
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 26 point difference between this plan's BrightScope Rating (60) and the top rated plan (86) could equate to:
[How is this calculated?]
13 additional years of work
Up to $162,900 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.

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 Plan Component Ratings

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Retirement Plan Description

Merchants Financial Group, Inc. Incentive Savings Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 60. This plan is in the top 35% of plans for Investment Menu Quality and Total Plan Cost. Merchants Financial Group, Inc. Incentive Savings Plan currently has over 400 active participants and over $10.1M in plan assets.

 Retirement Plan Details

Address P O Box 248
Winona, MN 55987-0248 
Industry Offices of Bank Holding Companies
Administrator Susan M. Savat
Net Plan Assets $10,100,000
Total Participants 440
Avg Account Balance $23,000

 Compare Other Companies in Peer Group

Applied Underwriters 68.6
Liberty Bank FSB 67.0
MMC Holding of Brooklyn 61.3
Crest Industries, LLC 56.4
Mirabito Holdings 56.4
QualCare Alliance Networks 51.7

 Top 3 Funds in this 401k

1. T. Rowe Price Retirement 2030 19%
2. Total Money Market Funds 12%
3. Harbor Capital Appreciation 11%

  Plan Service Providers

Auditor McGladrey
Corporate Trustee Merchants Bank

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