Overview

Plan Rating

BrightScope Rating
70
Lowest Rating in Peer Group
Average Rating in Peer Group
Highest Rating in Peer Group
0102030405060708090100
Lowest in Peer Group (35)
Average in Peer Group (58)
Highest in Peer Group (89)

Plan Description

Kanakuk Ministries 401k Profit Sharing Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 70, placing it in the top 15% of all plans in its peer group. This plan is also in the top 15% of plans for Participation Rate. Kanakuk Ministries 401k Profit Sharing Plan currently has over 100 active participants and over $9.2M in plan assets.

Did you know?

For the average 401k participant, the 19 point difference between this plan's BrightScope Rating (70) and the top rated plan (89) could equate to:
12
Additional years of work
26,608
Lost 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. How is this calculated?

Plan Details

Plan Details Relevant details about the plan and the plan sponsor, including the address and industry of the plan sponsor and the size of the plan in assets and participants.

 
Plan data accurate as of 12/31/2015
Plan data has been audited by an Independent Qualified Public Accountant (IQPA).
Address 1353 Lakeshore Drive
  • Location
    Branson , MO
  • 65616
  • Industry
    Arts, Entertainment, and Recreation
  • Administrator
    Kay Borror
  • Sponsor
    Bruce Koerber
  • Net Plan Assets
    $9,200,000
  • Total Participants
    150
  • Avg Account Balance
    $62,000

Plan Components

Component Ratings

Design

Total Plan Cost:
Average Fees
Company Generosity:
Average

Performance

Participation Rate:
Great
Salary Deferrals:
Average
Account Balance:
Above Average

Design

Total Plan Cost:
Average Fees
Company Generosity:
Above Average

Performance

Participation Rate:
Great
Salary Deferrals:
Above Average
Account Balance:
Great
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Top Industry Articles

Investments

Investment Menu Stats

# of Investment Options

20

(Plan Average: 20)

Largest Funds in this Plan Allocation of Assets 1 YR Rank in Category
Reliance Stable Value 13%
N/A
Vanguard Wellesley Income 12%
1%
Fidelity Extended Market Index 10%
N/A
Fund hidden
100%
Fund hidden
100%
Fund hidden
100%
Fund hidden
100%
View all funds in this plan

Providers

Plan Service Providers

SERVICE PROVIDER
Investment Adviser
Raymond James & Associates, Inc.
Recordkeeper
Newport Group Securities, Inc.
Auditor
Capin Crouse, LLP

Articles and Questions

Boeing Plan Report (Updated)

Boeing Fee Settlement Highlights the High Bar for Large Plans

Boeing Offers a Near Perfect Retirement Plan ModelIn most respects Boeing’s retirement offering is a great model of how to run a large retirement plan. Participants in Boeing’s 401(k) plan are beneficiaries of a participant-friendly design with immediate access, automatic enrollment, immediate ves

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