Overview

Plan Rating

BrightScope Rating
71
Lowest Rating in Peer Group
Average Rating in Peer Group
Highest Rating in Peer Group
0102030405060708090100
Lowest in Peer Group (33)
Average in Peer Group (70)
Highest in Peer Group (92)

Plan Description

Andersen 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 71. This plan is in the top 35% of plans for Account Balances, Company Generosity, Participation Rate, and Total Plan Cost. Andersen 401k Plan currently has over 11,300 active participants and over $868.8M in plan assets.

Did you know?

For the average 401k participant, the 21 point difference between this plan's BrightScope Rating (71) and the top rated plan (92) could equate to:
14
Additional years of work
52,916
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 12/31/2017
Plan data has been audited by an Independent Qualified Public Accountant (IQPA).
Address 100 4th Ave N
  • Location
    Bayport , MN
  • 55003-1096
  • Industry
    Manufacturing
  • Administrator
    Kathy Prondzinski
  • Net Plan Assets
    $869,000,000
  • Total Participants
    11,000
  • Avg Account Balance
    $79,000

Plan Components

Component Ratings

Design

Total Plan Cost:
Low Fees
Company Generosity:
Above Average

Performance

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

Design

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

Performance

Participation Rate:
Above Average
Salary Deferrals:
Below Avg.
Account Balance:
Average
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Top Industry Articles

Investments

Investment Menu Stats

# of Investment Options

24

(Plan Average: 20)

Largest Funds in this Plan Allocation of Assets 1 YR Rank in Category
Vanguard Group Target Retirement 29%
N/A
T. Rowe Price Institutional Mid Cap Equity Growth 13%
17%
Northern Trust Large-Cap Growth Fund 9%
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
Corporate Trustee
Charles Schwab
Administration
Charles Schwab
Recordkeeper
Charles Schwab
Investment Adviser
New England Pension Consultants (NEPC)
Investment Adviser
Charles Schwab
Legal Counsel
Fox Rothschild LLP
Investment Adviser
Financial Engines
Auditor
Ernst & Young

Articles and Questions

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