First Cooperative Association
61
Plan:
The Restated Thrift/Profit Sharing Plan for Cooperatives
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58
93
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For the average 401k participant, the 32 point difference between this plan's BrightScope Rating (61) and the top rated plan (93) could equate to:
[How is this calculated?]
[How is this calculated?]
21 additional years of work Up to $178,800 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 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 61. This plan is in the top 35% of plans for Account Balances. The Restated Thrift/Profit Sharing Plan for Cooperatives currently has over 100 active participants and over $6.7M in plan assets.
Retirement Plan Details
| Address |
5057 Highway 3
Cherokee, IA 51012-7229 |
| Industry | Agriculture, Forestry, Fishing and Hunting |
| Administrator | John A. Schweers |
| Sponsor | James A. Carlson |
| Net Plan Assets | $6,700,000 |
| Total Participants | 140 |
| Avg Account Balance | $48,000 |
Compare Other Companies in Peer Group
| Mann Packing Company | 69.1 |
| Stateline Cooperative | 63.8 |
| Upper Midwest Grain Elevators... | 61.5 |
| Midwest Cooperative | 60.7 |
| Great Lakes Cooperative | 57.9 |
| Panhandle Cooperative Association | 57.8 |
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