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Company:
Fagen, Inc.
Plan:
Fagen, Inc. 401k Plan
 

Fagen, Inc.

62 Plan: Fagen, Inc. 401k Plan

 
 
62
34
69
84
0
10
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30
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60
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100
For the average 401k participant, the 22 point difference between this plan's BrightScope Rating (62) and the top rated plan (84) could equate to:
[How is this calculated?]
11 additional years of work
Up to $147,000 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

Fagen, Inc. 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 62. This plan is in the top 35% of plans for Salary Deferral and Total Plan Cost. Fagen, Inc. 401k Plan currently has over 1,200 active participants and over $11.1M in plan assets.

 

 
Plan Component Ratings

 Retirement Plan Details

Address 501 West Highway 212
Granite Falls, MN 56241 
Industry Construction
Administrator Jennifer Johnson
Net Plan Assets $11,100,000
Total Participants 1,200
Avg Account Balance $9,100

 Compare Other Companies in Peer Group

The Haskell Company 69.2
J & J Maintenance 58.9
Bonitz 55.5
Bis Tepsco 54.8
Miller-Valentine Construction 52.6
Board of Trustees of... 43.2

 Top 3 Funds in this 401k

1. American Funds Growth Fund of America 12%
2. Federated Total Return Bond 11%
3. Federated Max-Cap Index 8%

  Plan Service Providers

Corporate Trustee Bremer Trust
Auditor McGladrey

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