The Schwan Shared Services, LLC
58
Plan:
The Schwan Food Company Retirement Savings Plan
38
74
86
0
10
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30
40
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60
70
80
90
100
For the average 401k participant, the 28 point difference between this plan's BrightScope Rating (58) and the top rated plan (86) could equate to:
[How is this calculated?]
[How is this calculated?]
14 additional years of work Up to $152,700 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
The Schwan Food Company Retirement Savings Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 58. This plan is in the top 15% of plans for Total Plan Cost. The Schwan Food Company Retirement Savings Plan currently has over 18,100 active participants and over $537.6M in plan assets.
Retirement Plan Details
| Address |
115 West College Drive
Marshall, MN 56258 |
| Industry | All Other Professional, Scientific, and Technical Services |
| Administrator | Heidi Dirckx |
| Net Plan Assets | $538,000,000 |
| Total Participants | 18,000 |
| Avg Account Balance | $30,000 |
Compare Other Companies in Peer Group
| Bloomberg LP | 79.0 |
| General Atomics | 72.5 |
| SLM | 69.2 |
| Arctic Slope Regional | 68.1 |
| Amazon Corporate LLC | 67.2 |
| Pilot Catastrophe Service | 48.5 |
Top 3 Funds in this 401k
| 1. | JPMorgan Intermediate Bond | 28% |
| 2. | Total Common Stocks | 10% |
| 3. | Vanguard Total Bond Market Index | 6% |
Plan Service Providers
| Insurance Carrier | Knights of Columbus |
| Insurance Carrier | Modern Woodmen of America |
| Insurance Carrier | Nationwide |
| Insurance Carrier | Northwestern Mutual |
| Insurance Carrier | Prudential |
| Corporate Trustee | JPMorgan |
| Recordkeeper | JPMorgan |
| Investment Adviser | Towers Watson |
| Auditor | Larson Allen LLP |
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