Mid-Kansas Cooperative Association

56
Form 5500 Data

Overview

Plan Rating

BrightScope Rating
56
Lowest Rating in Peer Group
Average Rating in Peer Group
Highest Rating in Peer Group
0102030405060708090100
Lowest in Peer Group (5)
Average in Peer Group (67)
Highest in Peer Group (86)

Plan Description

UBG 401k Plan - MKC is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 56. This plan is in the top 35% of plans for Total Plan Cost. UBG 401k Plan - MKC currently has over 400 active participants and over $7.5M in plan assets.

Did you know?

For the average 401k participant, the 30 point difference between this plan's BrightScope Rating (56) and the top rated plan (86) could equate to:
14
Additional years of work
159,558
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 12/31/2019
Plan data has been audited by an Independent Qualified Public Accountant (IQPA).
Address 301 W Cole Street Po Box D
  • Location
    Moundridge , KS
  • 67107
  • Industry
    Agriculture, Forestry, Fishing and Hunting
  • Administrator
    Brent Evans
  • Sponsor
    Erin Riley
  • Net Plan Assets
    $7,540,000
  • Total Participants
    420
  • Avg Account Balance
    $25,000

Plan Components

Component Ratings

Design

Total Plan Cost:
Low Fees
Company Generosity:
Poor

Performance

Participation Rate:
Below Avg.
Salary Deferrals:
Below Avg.
Account Balance:
Below Avg.

Design

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

Performance

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

Top Industry Articles

Investments

Investment Menu Stats

# of Investment Options

39

(Plan Average: 20)

Largest Funds in this Plan Allocation of Assets 1 YR Rank in Category
BlackRock, Inc. Blackrock Lifepath Index 10%
6%
BNYM Mellon NSL Stock Index 8%
N/A
Morley Stable Value Fund 7%
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
United Benefits Group
Corporate Trustee
Alerus Financial
Recordkeeper
Alerus Financial
Auditor
Eide Bailly Advisors, LLC

Articles and Questions

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