Overview

Plan Rating

BrightScope Rating
79
Lowest Rating in Peer Group
Average Rating in Peer Group
Highest Rating in Peer Group
0102030405060708090100
Lowest in Peer Group (15)
Average in Peer Group (62)
Highest in Peer Group (83)

Plan Description

Dakota Red Corporation 401K Profit Sharing Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 79, placing it in the top 15% of all plans in its peer group. This plan is also in the top 15% of plans for Account Balances and Company Generosity. Dakota Red Corporation 401K Profit Sharing Plan currently has over 100 active participants and over $24.0M in plan assets.

Did you know?

For the average 401k participant, the 4 point difference between this plan's BrightScope Rating (79) and the top rated plan (83) could equate to:
3
Additional years of work
*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 12/31/2014
Plan data has been audited by an Independent Qualified Public Accountant (IQPA).
Address P.O. Box 5541 650 12th Avenue Sw
  • Location
    Cedar Rapids , IA
  • 52404
  • Industry
    Manufacturing
  • Administrator
    Matt Stoner
  • Net Plan Assets
    $24,000,000
  • Total Participants
    160
  • Avg Account Balance
    $150,000

Plan Components

Component Ratings

Design

Total Plan Cost:
Average Fees
Company Generosity:
Great

Performance

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

Design

Total Plan Cost:
High Fees
Company Generosity:
Great

Performance

Participation Rate:
Above Average
Salary Deferrals:
Average
Account Balance:
Great
Are you a Plan Sponsor?
Benchmark your plan against others to achieve your business objectives.

Investments

Investment Menu Stats

# of Investment Options

24

(Plan Average: 20)

Largest Funds in this Plan Allocation of Assets 1 YR Rank in Category
Invesco Comstock 14%
66%
Key Guaranteed Portfolio Fund 13%
N/A
Wells Fargo Core Bond 12%
60%
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
Empower
Insurance Advisor/Broker
Bank of America Merrill Lynch
Recordkeeper
Empower
Investment Adviser
Envestnet Asset Management, Inc.
Auditor
Bohr, Dahm, Greif & Associates, Pc