Torchmark Corporation
69
Plan:
Torchmark Corporation Savings and Investment Plan
9
72
88
0
10
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30
40
50
60
70
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100
For the average 401k participant, the 19 point difference between this plan's BrightScope Rating (69) and the top rated plan (88) could equate to:
[How is this calculated?]
[How is this calculated?]
11 additional years of work Up to $33,800 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
Torchmark Corporation Savings and Investment Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 69. This plan is in the top 15% of plans for Investment Menu Quality and Total Plan Cost. Torchmark Corporation Savings and Investment Plan currently has over 1,500 active participants and over $108.4M in plan assets.
Retirement Plan Details
| Address |
3700 S. Stonebridge Drive
Mckinney, TX 75070 |
| Industry | Offices of Other Holding Companies |
| Administrator | Daryl Martin |
| Sponsor | Cory Newman |
| Net Plan Assets | $108,000,000 |
| Total Participants | 1,600 |
| Avg Account Balance | $69,000 |
Compare Other Companies in Peer Group
| Scripps Networks Interactive | 78.9 |
| Kyocera International | 73.5 |
| HealthMarkets | 72.1 |
| Viad Corp Capital Accumulation Plan | 69.3 |
| 1st Source | 68.1 |
| Osmose Holdings | 59.6 |
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