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Company:
Harford Mutual Insurance Company
Plan:
The Harford Mutual Insurance Company Retirement Savings Plan
 

Harford Mutual Insurance Company

80 Plan: The Harford Mutual Insurance Company Retirement Savings Plan

 
 
80
9
73
87
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 7 point difference between this plan's BrightScope Rating (80) and the top rated plan (87) could equate to:
[How is this calculated?]
5 additional years of work
Up to $53,900 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 Harford Mutual Insurance Company Retirement Savings Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 80. This plan is in the top 15% of plans for Account Balances and Company Generosity. The Harford Mutual Insurance Company Retirement Savings Plan currently has over 100 active participants and over $15.9M in plan assets.

 

 Retirement Plan Details

Address 200 North Main Street
Bel Air, MD 21014-0000 
Industry Finance and Insurance
Administrator June A. Poole
Net Plan Assets $15,900,000
Total Participants 140
Avg Account Balance $120,000

 Top 3 Funds in this 401k

1. Total Common Stocks 11%
2. American Funds Bond Fund of America 10%
3. Columbia Acorn 10%

  Plan Service Providers

Recordkeeper Newport Group
Corporate Trustee Wilmington Trust Corp.
Auditor Michael D. Sisk & Company, Pc

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