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Company:
Fairmont Foods of Minnesota, Inc.
Plan:
Fairmont Foods Employees Savings and Retirement Plan
 

Fairmont Foods of Minnesota, Inc.

55 Plan: Fairmont Foods Employees Savings and Retirement Plan

 
 
55
28
57
83
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 28 point difference between this plan's BrightScope Rating (55) and the top rated plan (83) could equate to:
[How is this calculated?]
13 additional years of work
Up to $160,100 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

Fairmont Foods Employees Savings and Retirement Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 55. Fairmont Foods Employees Savings and Retirement Plan currently has over 200 active participants and over $3.6M in plan assets.

 

 
Plan Component Ratings

 Retirement Plan Details

Address 905 E 4th St
Fairmont, MN 56031-4014 
Industry Manufacturing
Administrator Larry Mcguire
Net Plan Assets $3,610,000
Total Participants 220
Avg Account Balance $16,000

 Compare Other Companies in Peer Group

TH Foods 62.2
Bernatello's Pizza 59.6
California Natural Products 59.6
Simeus Foods International 59.2
Harvest Manor Farms, LLC 48.7
Gerbers Poultry 47.9

 Top 3 Funds in this 401k

1. ING Reliastar Stable Value Managed Account 12%
2. Artio International Equity 12%
3. Marsico International Opportunities 10%

  Plan Service Providers

Auditor Eide Bailly LLP
Insurance Carrier ING

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