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Company:
Owen Electric Cooperative
Plan:
Owen Electric Cooperative Employee Savings and Protection Plan
 

Owen Electric Cooperative

73 Plan: Owen Electric Cooperative Employee Savings and Protection Plan

 
 
73
37
72
90
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 17 point difference between this plan's BrightScope Rating (73) and the top rated plan (90) could equate to:
[How is this calculated?]
12 additional years of work
Up to $21,700 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

Owen Electric Cooperative Employee Savings and Protection Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 73. This plan is in the top 35% of plans for Company Generosity, Participation Rate, Salary Deferral, and Total Plan Cost. Owen Electric Cooperative Employee Savings and Protection Plan currently has over 100 active participants and over $6.0M in plan assets.

 

 Retirement Plan Details

Address P.O. Box 400
Owenton, KY 40359-0400 
Industry Utilities
Sponsor A
Net Plan Assets $5,990,000
Total Participants 140
Avg Account Balance $42,000

 Compare Other Companies in Peer Group

GWF Power Systems Company 85.7
Central Iowa Power Cooperative 77.7
DPL 73.8
Unitil 72.9
Nvt, LLC 70.0
Intermountain Rural Electric... 69.1

 Top 3 Funds in this 401k

1. ING Fixed Account 24%
2. ING Solution 2025 18%
3. ING T. Rowe Price Growth Equity 7%

  Plan Service Providers

Auditor Mountjoy & Bressler LLP
Insurance Carrier ING
Insurance Advisor/Broker NFP Securities, Inc.

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