Overview

Plan Rating

BrightScope Rating
83
Lowest Rating in Peer Group
Average Rating in Peer Group
Highest Rating in Peer Group
0102030405060708090100
Lowest in Peer Group (30)
Average in Peer Group (74)
Highest in Peer Group (92)

Plan Description

Great Plains Energy Incorporated 401k Savings Plan is a defined contribution plan with a profit-sharing component, 401k feature, and ESOP component. This plan has a BrightScope Rating of 83. This plan is in the top 15% of plans for Account Balances, Participation Rate, and Salary Deferral. Great Plains Energy Incorporated 401k Savings Plan currently has over 3,400 active participants and over $596.2M in plan assets.

Did you know?

For the average 401k participant, the 9 point difference between this plan's BrightScope Rating (83) and the top rated plan (92) could equate to:
9
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 12/31/2017
Plan data has been audited by an Independent Qualified Public Accountant (IQPA).
Address P. O. Box 418679
  • Location
    Kansas City , MO
  • 64141-9679
  • Industry
    Utilities
  • Net Plan Assets
    $596,000,000
  • Total Participants
    3,500
  • Avg Account Balance
    $170,000

Plan Components

Component Ratings

Design

Total Plan Cost:
Low Fees
Company Generosity:
Above Average

Performance

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

Design

Total Plan Cost:
Highest
Company Generosity:
Average

Performance

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

Peer Group Plans

Company Rating
WEC Energy Group 85.0
Black Hills 84.0
Xcel Energy 82.8
MDU Resources Group 81.3
Atmos Energy 78.6
Aqua America 77.7
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Top Industry Articles

Investments

Investment Menu Stats

# of Investment Options

31

(Plan Average: 20)

Largest Funds in this Plan Allocation of Assets 1 YR Rank in Category
American Century Investments One Choice 23%
29%
Great Plains Energy Incorporated Common Stock 10%
N/A
Total Other Investments 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
Investment Adviser
Advised Assets Group, LLC
Recordkeeper
Empower
Investment Adviser
Sageview Advisory Group
Auditor
CBIZ Financial Solutions, Inc.

Articles and Questions

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