Overview

Plan Rating

BrightScope Rating
48
Lowest Rating in Peer Group
Average Rating in Peer Group
Highest Rating in Peer Group
0102030405060708090100
Lowest in Peer Group (37)
Average in Peer Group (68)
Highest in Peer Group (87)

Plan Description

The Prophet Corporation Employee Stock Ownership Plan is a defined contribution plan with a stock bonus component and leveraged ESOP component. This plan has a BrightScope Rating of 48. This plan is in the top 15% of plans for Participation Rate and Total Plan Cost. The Prophet Corporation Employee Stock Ownership Plan currently has over 100 active participants and over $15.0M in plan assets.

Did you know?

For the average 401k participant, the 39 point difference between this plan's BrightScope Rating (48) and the top rated plan (87) could equate to:
18
Additional years of work
228,417
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 2525 Lemond Street
  • Location
    Owatonna , MN
  • 55060
  • Industry
    Electronic Shopping and Mail-Order Houses
  • Administrator
    Cory Roesch
  • Net Plan Assets
    $15,000,000
  • Total Participants
    160
  • Avg Account Balance
    $96,000

Plan Components

Component Ratings

Design

Total Plan Cost:
Lowest Fees
Company Generosity:
Poor

Performance

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

Design

Total Plan Cost:
Lowest Fees
Company Generosity:
Poor

Performance

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

Peer Group Plans

Company Rating
eHarmony 82.9
Purchasing Power, LLC 75.0
C.M. Almy & Son 66.1
Dr. Leonard's Healthcare 57.0
Tower Products 52.3
Mystic Stamp Company 51.4

Top Industry Articles

Investments

Investment Menu Stats

# of Investment Options

2

(Plan Average: 20)

Largest Funds in this Plan Allocation of Assets 1 YR Rank in Category
Total Company Stock 92%
N/A
Federated Institutional Money Market Management Capital 7%
11%
Fund hidden
100%
Fund hidden
100%
Fund hidden
100%
Fund hidden
100%
View all funds in this plan

Providers

Plan Service Provider

SERVICE PROVIDER
Auditor
Eide Bailly Advisors, LLC

Articles and Questions

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