Merastar Insurance Company
76
Plan:
Merastar Employees 401k Plan
5
67
88
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 (76) and the top rated plan (88) could equate to:
[How is this calculated?]
[How is this calculated?]
8 additional years of work Up to $88,700 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
Merastar Employees 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 76. This plan is in the top 15% of plans for Company Generosity, Investment Menu Quality, and Participation Rate. Merastar Employees 401k Plan currently has over 200 active participants and over $4.5M in plan assets.
Retirement Plan Details
| Address |
5600 Brainerd Rd Ste 1a
Chattanooga, TN 37411-5310 |
| Industry | Insurance Agencies and Brokerages |
| Administrator | Timothy D. Bruns |
| Sponsor | Teresa H. Steele |
| Net Plan Assets | $4,450,000 |
| Total Participants | 200 |
| Avg Account Balance | $22,000 |
Compare Other Companies in Peer Group
| Bratrud Middleton Insurance Brokers | 65.6 |
| Knapp, Schenck & Company | 64.4 |
| Poe Insurance Managers, LLC | 63.5 |
| Pinnacle Risk Management Services | 54.5 |
| Lumenos | 48.0 |
| H&H Agency | 46.6 |
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