Security Mutual Life Insurance Company
77
Plan:
40
73
87
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 10 point difference between this plan's BrightScope Rating (77) and the top rated plan (87) could equate to:
[How is this calculated?]
[How is this calculated?]
7 additional years of work Up to $31,200 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 Security Mutual Life Insurance Company of New York Profit Sharing Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 77. This plan is in the top 15% of plans for Company Generosity. The Security Mutual Life Insurance Company of New York Profit Sharing Plan currently has over 400 active participants and over $26.7M in plan assets.
Retirement Plan Details
| Address |
100 Court Street
Binghamton, NY 13902 |
| Industry | Finance and Insurance |
| Administrator | Richard Shaw |
| Net Plan Assets | $26,700,000 |
| Total Participants | 470 |
| Avg Account Balance | $57,000 |
Compare Other Companies in Peer Group
| Boston Mutual Life Insurance Co. | 79.2 |
| Columbian Mutual Life Insurance... | 74.3 |
| Americo Services | 74.2 |
| WEA Insurance | 72.0 |
| Blue Cross and Blue Shield of Vermont | 71.7 |
| AAA Life Insurance Company | 71.1 |
Comments