The Hays Group, Inc.
84
Plan:
The Hays Group 401k Profit Sharing Plan
41
74
89
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 5 point difference between this plan's BrightScope Rating (84) and the top rated plan (89) could equate to:
[How is this calculated?]
[How is this calculated?]
4 additional years of work Up to $66,800 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
The Hays Group 401k Profit Sharing Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 84, placing it in the top 15% of all plans in its peer group. This plan is also in the top 15% of plans for Account Balances, Company Generosity, and Salary Deferral. The Hays Group 401k Profit Sharing Plan currently has over 500 active participants and over $58.6M in plan assets.
Retirement Plan Details
| Address |
80 S. 8th Street, Ste 700
Minneapolis, MN 55402 |
| Industry | Insurance Agencies and Brokerages |
| Administrator | Lisa Magee |
| Sponsor | Steve Lerum |
| Net Plan Assets | $58,600,000 |
| Total Participants | 570 |
| Avg Account Balance | $100,000 |
Compare Other Companies in Peer Group
| Donald J. Fager and Associates | 83.1 |
| James A. Scott & Son | 80.2 |
| Holmes Murphy & Associates | 77.9 |
| Keenan & Associates | 73.4 |
| Meadowbrook | 70.0 |
| Boat America | 62.2 |
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