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Company:
Senior Management, Inc.
Plan:
Senior Management, Inc. 401k Retirement Plan #501
 

Senior Management, Inc.

41 Plan: Senior Management, Inc. 401k Retirement Plan #501

 
 
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87
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For the average 401k participant, the 46 point difference between this plan's BrightScope Rating (41) and the top rated plan (87) could equate to:
[How is this calculated?]
21 additional years of work
Up to $313,200 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

Senior Management, Inc. 401k Retirement Plan #501 is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 41. This plan is in the top 15% of plans for Investment Menu Quality. Senior Management, Inc. 401k Retirement Plan #501 currently has over 100 active participants and over $849.0K in plan assets.

 

 Retirement Plan Details

Address 425 North Badger St
Caledonia, MN 55921-1567 
Industry Health Care and Social Assistance
Net Plan Assets $850,000
Total Participants 190
Avg Account Balance $4,500

 Top 3 Funds in this 401k

1. Principal LifeTime 2010 22%
2. Principal US Property 13%
3. Principal LifeTime 2030 11%

  Plan Service Providers

Insurance Carrier Principal Financial Group
Corporate Trustee Principal Financial Group
Insurance Advisor/Broker Mutual of Omaha Insurance Company

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