Overview

Plan Rating

BrightScope Rating
57
Lowest Rating in Peer Group
Average Rating in Peer Group
Highest Rating in Peer Group
0102030405060708090100
Lowest in Peer Group (13)
Average in Peer Group (60)
Highest in Peer Group (88)

Plan Description

Lutheran Services in Iowa, Inc. 401k Profit Sharing Plan is a defined contribution plan. This plan has a BrightScope Rating of 57. This plan is in the top 35% of plans for Participation Rate and Total Plan Cost. Lutheran Services in Iowa, Inc. 401k Profit Sharing Plan currently has over 600 active participants and over $10.7M in plan assets.

Did you know?

For the average 401k participant, the 31 point difference between this plan's BrightScope Rating (57) and the top rated plan (88) could equate to:
16
Additional years of work
153,476
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 12/31/2018
Plan data has been audited by an Independent Qualified Public Accountant (IQPA).
Address 3116 University Ave
  • Location
    Des Moines , IA
  • 50311-3818
  • Industry
    Health Care and Social Assistance
  • Administrator
    Andrea Corcoran
  • Net Plan Assets
    $10,700,000
  • Total Participants
    690
  • Avg Account Balance
    $16,000

Plan Components

Component Ratings

Design

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

Performance

Participation Rate:
Above Average
Salary Deferrals:
Below Avg.
Account Balance:
Poor

Design

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

Performance

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

Top Industry Articles

Investments

Investment Menu Stats

# of Investment Options

43

(Plan Average: 20)

Largest Funds in this Plan Allocation of Assets 1 YR Rank in Category
Mutual of America Retirement 22%
N/A
Mutual of America General Account 15%
N/A
Mutual of America Equity Index 8%
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
Insurance Carrier
Mutual of America
Insurance Advisor/Broker
Minneapolis Regional Office
Recordkeeper
Mutual of America
Auditor
CliftonLarsonAllen LLP

Articles and Questions

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