Farmers Cooperative Company
58
Plan:
The Restated Thrift/Profit Sharing Plan for Cooperatives
40
70
91
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 33 point difference between this plan's BrightScope Rating (58) and the top rated plan (91) could equate to:
[How is this calculated?]
[How is this calculated?]
18 additional years of work Up to $239,300 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
The Restated Thrift/Profit Sharing Plan for Cooperatives is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 58. This plan is in the top 35% of plans for Total Plan Cost. The Restated Thrift/Profit Sharing Plan for Cooperatives currently has over 600 active participants and over $21.9M in plan assets.
Retirement Plan Details
| Address |
2321 N Loop Dr Suite 220
Ames, IA 50010-8218 |
| Industry | Agriculture, Forestry, Fishing and Hunting |
| Administrator | Kelly Hayertz |
| Sponsor | Roger Koppen |
| Net Plan Assets | $21,900,000 |
| Total Participants | 660 |
| Avg Account Balance | $33,000 |
Compare Other Companies in Peer Group
| Western Growers Association | 69.2 |
| Ag Partners, LLC | 67.0 |
| NEW Cooperative | 66.3 |
| Harvest Land Co-op | 66.0 |
| Heartland Cooperative | 65.5 |
| Bernard Egan & Company | 58.5 |
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