Tennessee Farmers Mutual Insurance Company
69
Plan:
Tennessee Farmers Mutual Insurance Company Retirement Savings Plan
41
74
89
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 20 point difference between this plan's BrightScope Rating (69) and the top rated plan (89) could equate to:
[How is this calculated?]
[How is this calculated?]
12 additional years of work Up to $128,000 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
Tennessee Farmers 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 69. This plan is in the top 15% of plans for Participation Rate and Total Plan Cost. Tennessee Farmers Mutual Insurance Company Retirement Savings Plan currently has over 800 active participants and over $69.2M in plan assets.
Retirement Plan Details
| Address |
147 Bear Creek Pike
P.O. Box Columbia, TN 38402-0998 |
| Industry | Finance and Insurance |
| Administrator | Wayne Harris |
| Sponsor | Lacy Upchurch |
| Net Plan Assets | $69,200,000 |
| Total Participants | 880 |
| Avg Account Balance | $79,000 |
Compare Other Companies in Peer Group
| WEA Insurance | 87.5 |
| Rogers Benefit Group | 85.1 |
| Security Benefit Life Insurance Co. | 79.4 |
| DentaQuest | 73.7 |
| Texas Mutual Insurance Company | 55.0 |
| Golden Rule Insurance Company | 41.1 |
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