Farmers Mutual Insurance Company of Nebraska
75
Plan:
Farmers Mutual 401k Savings Plan
40
73
87
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 12 point difference between this plan's BrightScope Rating (75) and the top rated plan (87) could equate to:
[How is this calculated?]
[How is this calculated?]
8 additional years of work Up to $13,000 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 401k Savings Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 75. This plan is in the top 15% of plans for Investment Menu Quality. Farmers Mutual 401k Savings Plan currently has over 200 active participants and over $17.4M in plan assets.
Retirement Plan Details
| Address |
1220 Lincoln Mall
Lincoln, NE 68508 |
| Industry | Finance and Insurance |
| Administrator | Mark Walz |
| Net Plan Assets | $17,400,000 |
| Total Participants | 240 |
| Avg Account Balance | $73,000 |
Compare Other Companies in Peer Group
| Capitol Transamerica | 76.2 |
| IMT Insurance Company | 74.4 |
| Public Service Mutual Insurance... | 72.6 |
| Motorists Commercial Mutual... | 71.9 |
| Farmers Alliance Mutual Insurance Co. | 70.0 |
| Mercer Insurance Group | 57.1 |
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