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Company:
Bachman's Inc.
Plan:
Bachman's 401k Retirement/Savings Plan
 

Bachman's Inc.

55 Plan:

 
 
55
24
52
82
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 27 point difference between this plan's BrightScope Rating (55) and the top rated plan (82) could equate to:
[How is this calculated?]
12 additional years of work
Up to $209,000 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

Bachman's 401k Retirement/Savings Plan is a defined contribution plan. This plan has a BrightScope Rating of 55. This plan is in the top 35% of plans for Account Balances and Total Plan Cost. Bachman's 401k Retirement/Savings Plan currently has over 600 active participants and over $35.8M in plan assets.

 

 Retirement Plan Details

Address 60/O Lyndale Ave S
Minneapolis, MN 55419 
Industry Florists
Administrator Michael R Bonk
Net Plan Assets $35,800,000
Total Participants 700
Avg Account Balance $42,000

 Top 3 Funds in this 401k

1. MassMutual Guaranteed Interest Account 36%
2. MassMutual Moderate Journey 15%
3. MassMutual Select Value Equity 10%

  Plan Service Providers

Insurance Carrier MassMutual
Auditor Hansen, Jergenson, Nergaard & Co.

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