Home  >   401k Directory   >   OMG Midwest, Inc.
 
Company:
OMG Midwest, Inc.
Plan:
OMG Midwest, Inc. 401k Plan
 

OMG Midwest, Inc.

55 Plan: OMG Midwest, Inc. 401k Plan

 
 
55
34
70
90
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 35 point difference between this plan's BrightScope Rating (55) and the top rated plan (90) could equate to:
[How is this calculated?]
19 additional years of work
Up to $211,100 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

OMG Midwest, Inc. 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 55. OMG Midwest, Inc. 401k Plan currently has over 1,000 active participants and over $18.2M in plan assets.

 

 
Plan Component Ratings

 Retirement Plan Details

Address 2401 Se Tones Drive, Suite 13
Ankeny, IA 50021 
Industry Mining, Quarrying, and Oil and Gas Extraction
Administrator Jill Benoit
Net Plan Assets $18,200,000
Total Participants 1,100
Avg Account Balance $17,000

 Compare Other Companies in Peer Group

Badger Mining 78.5
Deatley Company 67.6
L.G. Everist 64.7
Carmeuse Lime 60.8
R.W. Sidley 59.5
Lyman-Richey 56.0

 Top 3 Funds in this 401k

1. Minnesota Life Guaranteed Interest Account 33%
2. Minnesota Life Large Growth Equity VIII 12%
3. Minnesota Life Large Value Equity VIII 9%

  Plan Service Providers

Insurance Carrier Minnesota Life
Insurance Advisor/Broker Securian Financial Group, Inc.
Administration Minnesota Life
Recordkeeper Minnesota Life
Auditor McGladrey

 Comments