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Company:
Harry Meyering Center, Inc.
Plan:
Harry Meyering Center, Inc. Money Purchase Plan
 

Harry Meyering Center, Inc.

45 Plan: Harry Meyering Center, Inc. Money Purchase Plan

 
 
45
25
46
76
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 31 point difference between this plan's BrightScope Rating (45) and the top rated plan (76) could equate to:
[How is this calculated?]
13 additional years of work
Up to $214,500 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

Harry Meyering Center, Inc. Money Purchase Plan is a defined contribution plan. This plan has a BrightScope Rating of 45. This plan is in the top 35% of plans for Company Generosity. Harry Meyering Center, Inc. Money Purchase Plan currently has over 100 active participants and over $2.7M in plan assets.

 

 Retirement Plan Details

Address 109 Homestead Rd
Mankato, MN 56001-5741 
Industry Health Care and Social Assistance
Administrator Carol Lee
Net Plan Assets $2,750,000
Total Participants 190
Avg Account Balance $15,000

 Top 3 Funds in this 401k

1. Principal Stable Value Fund 23%
2. Principal Large Cap S&P 500 Index 14%
3. Principal Bond & Mortgage Securities 7%

  Plan Service Providers

Insurance Carrier Principal Financial Group
Insurance Advisor/Broker Charles E. Danish
Administration Principal Financial Group
Auditor Abdo, Eick & Meyers LLP

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