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Company:
Hagerty Insurance Agency, Inc.
Plan:
Hagerty Insurance Agency, Inc. Employees' Pension Plan
 

Hagerty Insurance Agency, Inc.

71 Plan: Hagerty Insurance Agency, Inc. Employees' Pension Plan

 
 
71
37
71
85
0
10
20
30
40
50
60
70
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90
100
For the average 401k participant, the 14 point difference between this plan's BrightScope Rating (71) and the top rated plan (85) could equate to:
[How is this calculated?]
7 additional years of work
Up to $112,800 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

Hagerty Insurance Agency, Inc. Employees' Pension Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 71. This plan is in the top 15% of plans for Participation Rate. Hagerty Insurance Agency, Inc. Employees' Pension Plan currently has over 300 active participants and over $8.5M in plan assets.

 

 Retirement Plan Details

Address 141 Rivers Edge Drive, Suite 200
P.O. Box 87
Traverse City, MI 49685-0087 
Industry Insurance Agencies and Brokerages
Administrator Dianne Hamilton
Net Plan Assets $8,460,000
Total Participants 390
Avg Account Balance $24,000

 Top 3 Funds in this 401k

1. Prudential Waddell & Reed Large Cap Growth 19%
2. American Funds EuroPacific Growth 14%
3. Prudential Guaranteed Income Fund 11%

  Plan Service Providers

Insurance Carrier Prudential
Auditor Maner Costerisan Pc

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