Farmers Group, Inc.
78
Plan:
41
73
88
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 (78) and the top rated plan (88) could equate to:
[How is this calculated?]
[How is this calculated?]
7 additional years of work Up to $116,600 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
Farmers Group, Inc. 401k Savings Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 78. This plan is in the top 15% of plans for Participation Rate and Total Plan Cost. Farmers Group, Inc. 401k Savings Plan currently has over 25,800 active participants and over $1.5B in plan assets.
Retirement Plan Details
| Address |
4680 Wilshire Boulevard
Los Angeles, CA 90010-3807 |
| Industry | Finance and Insurance |
| Administrator | Anthony Morris |
| Net Plan Assets | $1,540,000,000 |
| Total Participants | 26,000 |
| Avg Account Balance | $59,000 |
Compare Other Companies in Peer Group
| Aon | 79.9 |
| Principal Life Insurance Company | 77.5 |
| Humana | 76.0 |
| Massachusetts Mutual Life... | 75.5 |
| AXA Equitable Life Insurance Company | 75.3 |
| The Progressive Corporation and... | 73.4 |
Comments