Southern Cross Management Company
38
Plan:
Southern Cross Management Company Employee Stock Ownership and 401k Plan
5
66
88
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 50 point difference between this plan's BrightScope Rating (38) and the top rated plan (88) could equate to:
[How is this calculated?]
[How is this calculated?]
24 additional years of work Up to $355,900 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
Southern Cross Management Company Employee Stock Ownership and 401k Plan is a defined contribution plan with a profit-sharing component, 401k feature, and ESOP component. This plan has a BrightScope Rating of 38. This plan is in the top 15% of plans for Participation Rate. Southern Cross Management Company Employee Stock Ownership and 401k Plan currently has over 100 active participants and over $4.1M in plan assets.
Retirement Plan Details
| Address |
899 El Centro St
South Pasadena, CA 91030-3101 |
| Industry | Insurance Agencies and Brokerages |
| Administrator | Carol A. Johnson |
| Sponsor | Carl L. Herrmann III |
| Net Plan Assets | $4,130,000 |
| Total Participants | 180 |
| Avg Account Balance | $23,000 |
Compare Other Companies in Peer Group
| Merastar Insurance Company | 75.9 |
| Brentwood Services | 67.8 |
| Knapp, Schenck & Company | 64.4 |
| Pinnacle Risk Management Services | 54.5 |
| Lumenos | 48.0 |
| H&H Agency | 46.6 |
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