Security Benefit Life Insurance Company

79

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 (80)
Highest in Peer Group (93)

Plan Description

Security Benefit Associates Profit-Sharing and Savings Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 79. This plan is in the top 15% of plans for Company Generosity and Total Plan Cost. Security Benefit Associates Profit-Sharing and Savings Plan currently has over 2,000 active participants and over $148.3M in plan assets.

Did you know?

For the average 401k participant, the 14 point difference between this plan's BrightScope Rating (79) and the top rated plan (93) could equate to:
11
Additional years of work
96,518
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 One Security Benefit Place
  • Location
    Topeka , KS
  • 66636
  • Industry
    Finance and Insurance
  • Administrator
    Kevin Baldwin
  • Net Plan Assets
    $148,000,000
  • Total Participants
    2,000
  • Avg Account Balance
    $74,000

Plan Components

Component Ratings

Design

Total Plan Cost:
Lowest Fees
Company Generosity:
Great

Performance

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

Design

Total Plan Cost:
Average Fees
Company Generosity:
Great

Performance

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

Investments

Investment Menu Stats

# of Investment Options

44

(Plan Average: 20)

Largest Funds in this Plan Allocation of Assets 1 YR Rank in Category
T. Rowe Price Retirement 20%
26%
Security Benefit Life Fixed Account 20%
N/A
Vanguard 500 Index 12%
18%
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
Security Benefit Life Insurance Company
Administration
Security Benefit Life Insurance Company
Auditor
Bkd, LLP

Articles and Questions

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