Home>401K Directory>Securian Financial Group, Inc.

Securian Financial Group, Inc.

Form 5500 Data
OverviewPlan ComponentsInvestmentsProvidersArticles & Questions

Securian Financial Group, Inc.

76
Form 5500 Data
OverviewPlan ComponentsInvestmentsProvidersArticles & Questions

Overview

Plan Rating

BrightScope Rating
76
Lowest Rating in Peer Group
Average Rating in Peer Group
Highest Rating in Peer Group
0102030405060708090100
Lowest in Peer Group (37)
Average in Peer Group (81)
Highest in Peer Group (93)

Plan Description

Securian Financial Group, Inc. Performance Share Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 76. This plan is in the top 15% of plans for Account Balances, Salary Deferral, and Total Plan Cost. Securian Financial Group, Inc. Performance Share Plan currently has over 4,300 active participants and over $801.8M in plan assets.

Did you know?

For the average 401k participant, the 17 point difference between this plan's BrightScope Rating (76) and the top rated plan (93) could equate to:
13
Additional years of work
26,717
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 12/31/2019
Plan data has been audited by an Independent Qualified Public Accountant (IQPA). Address 400 Robert St. N Station 19-3440
  • Location
    St. Paul , MN
    • 55101-2098
  • Industry
    Finance and Insurance
  • Administrator
    Jeffery Streeper
  • Net Plan Assets
    $802,000,000
  • Total Participants
    4,300
  • Avg Account Balance
    $190,000

Plan Components

Component Ratings

Design

Total Plan Cost:
Lowest Fees
Company Generosity:
Above Average

Performance

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

Design

Total Plan Cost:
Average Fees
Company Generosity:
Below Avg.

Performance

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

Peer Group Plans

Company Rating
Lockton 83.6
Standard Insurance Company 83.2
Blue Cross and Blue Shield of North Carolina 83.1
Genworth Financial 81.2
Independence Blue Cross, LLC 80.2
Amica Mutual Insurance Company 78.9

Top Industry Articles

Compliance
‘Secure Act 2.0’ Likely to Become a Reality

Retirement Plan Execs Confident Senate Will Pass the Bill Into Law

June 4, 2021
Compliance
Biden Expected to Advance a More Stringent Fiduciary Rule, Advocate for Retirement Income and ESG Investing

Industry experts reflect on what President Joe Biden has done in his first months in office with respect to retirement plans and what they still see coming down the road from his administration.

June 2, 2021
Compliance
Stimulus Bill Extends Some Provisions of the CARES Act

It also provides a way for retirement plan sponsors to avoid a partial plan termination.

December 28, 2020
Products
RIA in a Box Enables Automated Communications Archiving and Review

It also helps wealth management RIAs be better prepared for examinations.

June 3, 2021
Practice Management
Upcoming Webinar: DCIO Evolution

Join us TODAY at 2 p.m. EST as we discuss the past, present and future of the defined contribution investment only (DCIO) marketplace.

June 2, 2021

Investments

Investment Menu Stats

# of Investment Options

30

(Plan Average: 20)

Largest Funds in this Plan Allocation of Assets 1 YR Rank in Category
Minnesota Life General Account 17%
N/A
Alger Capital Appreciation 10%
N/A
Hotchkis & Wiley Large Cap Value 7%
N/A
Fund hidden
100%
Fund hidden
100%
Fund hidden
100%
Fund hidden
100%
View all funds in this plan
for Asset Managers

Providers

Plan Service Providers

SERVICE PROVIDER
Insurance Carrier
Minnesota Life
Administration
Minnesota Life
Recordkeeper
Minnesota Life
Auditor
CliftonLarsonAllen 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

Why Do Investment Expenses Matter?
Ryan Alfred

Popular Questions

See more questions
Have a question about retirement plans?
Our community of registered financial advisors are standing by to share their experience.
Ask a question