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Company:
Mercury General Corporation
Plan:
Mercury General Corp. Profit Sharing Plan
 

Mercury General Corporation

66 Plan: Mercury General Corp. Profit Sharing Plan

 
 
66
41
74
90
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 24 point difference between this plan's BrightScope Rating (66) and the top rated plan (90) could equate to:
[How is this calculated?]
15 additional years of work
Up to $93,900 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.

 

 Comments

Retirement Plan Description

Mercury General Corp. Profit Sharing Plan is a defined contribution plan with a profit-sharing component, stock bonus component, 401k feature, and ESOP component. This plan has a BrightScope Rating of 66. This plan is in the top 35% of plans for Investment Menu Quality, Participation Rate, and Total Plan Cost. Mercury General Corp. Profit Sharing Plan currently has over 5,700 active participants and over $234.6M in plan assets.

 Retirement Plan Details

Address 4484 Wilshire Blvd.
Los Angeles, CA 90010-3710 
Industry Insurance Agencies and Brokerages
Administrator William Medina
Net Plan Assets $235,000,000
Total Participants 5,800
Avg Account Balance $41,000

 Top 3 Funds in this 401k

1. T. Rowe Price Stable Value Fund 14%
2. Legg Mason ClearBridge Large Cap Growth 10%
3. Dodge & Cox Stock 8%

  Plan Service Providers

Investment Adviser ING
Consultant Benefit Funding Services Group
Consultant Citigroup
Auditor Hothouse, Carlin, Vantright
Corporate Trustee State Street Global Advisors
Corporate Trustee ING

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