Farm Family Life Insurance Company
71
Plan:
Farm Family Profit Sharing Plan
9
73
87
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 16 point difference between this plan's BrightScope Rating (71) and the top rated plan (87) could equate to:
[How is this calculated?]
[How is this calculated?]
9 additional years of work Up to $148,000 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
Farm Family Profit Sharing 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 Total Plan Cost. Farm Family Profit Sharing Plan currently has over 700 active participants and over $60.2M in plan assets.
Retirement Plan Details
| Address |
P.O. Box 656
Albany, NY 12201-0656 |
| Industry | Finance and Insurance |
| Administrator | James Marotta |
| Net Plan Assets | $60,200,000 |
| Total Participants | 790 |
| Avg Account Balance | $77,000 |
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