Midcontinent Communications
70
Plan:
Midcontinent Communications 401k Plan
10
70
88
0
10
20
30
40
50
60
70
80
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100
For the average 401k participant, the 18 point difference between this plan's BrightScope Rating (70) and the top rated plan (88) could equate to:
[How is this calculated?]
[How is this calculated?]
11 additional years of work Up to $62,300 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
Midcontinent Communications 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 70. This plan is in the top 35% of plans for Company Generosity and Participation Rate. Midcontinent Communications 401k Plan currently has over 900 active participants and over $35.0M in plan assets.
Retirement Plan Details
| Address |
3600 Minnesota Drive, Ste. 700
Minneapolis, MN 55435 |
| Industry | Information |
| Administrator | Debbie D. Stang |
| Net Plan Assets | $35,000,000 |
| Total Participants | 910 |
| Avg Account Balance | $38,000 |
Compare Other Companies in Peer Group
| NTT America | 77.1 |
| TNS | 75.4 |
| Vonage Holdings | 68.4 |
| Broadview Networks | 65.1 |
| Shared Technologies | 63.4 |
| Covad Communications Group | 55.5 |
Top 3 Funds in this 401k
| 1. | Minnesota Life Mid Cap Growth Equity I | 17% |
| 2. | Minnesota Life Large Equity II | 14% |
| 3. | Minnesota Life Large Equity Index I | 9% |
Plan Service Providers
| Insurance Carrier | Minnesota Life |
| Insurance Advisor/Broker | Anthony Cardinal |
| Insurance Advisor/Broker | Jeffrey W. Bird |
| Insurance Advisor/Broker | Executive Insurance Agency, Inc. |
| Insurance Advisor/Broker | Minnesota Life |
| Investment Adviser | Minnesota Life |
| Administration | Minnesota Life |
| Recordkeeper | Minnesota Life |
| Consultant | Minnesota Life |
| Auditor | Grant Thornton LLP |
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