The Baltimore Life Insurance
72
Plan:
The Baltimore Life 401k Benefit Plan
34
71
88
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 16 point difference between this plan's BrightScope Rating (72) and the top rated plan (88) could equate to:
[How is this calculated?]
[How is this calculated?]
10 additional years of work Up to $61,300 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 Baltimore Life 401k Benefit Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 72. This plan is in the top 35% of plans for Account Balances, Company Generosity, Investment Menu Quality, Salary Deferral, and Total Plan Cost. The Baltimore Life 401k Benefit Plan currently has over 300 active participants and over $19.3M in plan assets.
Retirement Plan Details
| Address |
Po Box 1050
Owings Mills, MD 21117-6050 |
| Industry | Finance and Insurance |
| Administrator | James P. Seeberger |
| Sponsor | L. John Pearson |
| Net Plan Assets | $19,300,000 |
| Total Participants | 320 |
| Avg Account Balance | $61,000 |
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