Farmers Mutual Hail Insurance Company of Iowa
76
Plan:
Farmers Mutual Hail Tax Deferred Savings Plan
9
73
87
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 11 point difference between this plan's BrightScope Rating (76) and the top rated plan (87) could equate to:
[How is this calculated?]
[How is this calculated?]
7 additional years of work Up to $49,400 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
Farmers Mutual Hail Tax Deferred Savings Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 76. This plan is in the top 15% of plans for Account Balances and Investment Menu Quality. Farmers Mutual Hail Tax Deferred Savings Plan currently has over 200 active participants and over $27.7M in plan assets.
Retirement Plan Details
| Address |
6785 Westown Pkwy
West Des Moines, IA 50266-7727 |
| Industry | Finance and Insurance |
| Administrator | Steve Fischer |
| Net Plan Assets | $27,700,000 |
| Total Participants | 300 |
| Avg Account Balance | $93,000 |
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