MERCURY GENERAL CORPORATION
Retirement Plan Detail
Retirement Plan Ranking
Retirement Plan:
Mercury General Corporation Profit Sharing Plan
This plan provides above-average contributions and strong design features, helping employers stay competitive in hiring while supporting long-term retention.
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Plan Benchmark
Disclaimer: Ratings are based on firm-provided, independently audited data and reflect Mployer Advisor's opinion. They are not financial or legal advice and should be one of many factors considered when evaluating a retirement plan.
$2,872
Avg Employer Contribution per Person per Year
Leading
Moderate
Plan Design
Competitive
EE Friendly
Admin Fees as a % of Total Assets
Below
16%
1 Year Return
Top Benefits
Peer Group
Size
500+ employees
Region
Pacific Coast
Industry
Finance and Insurance
Employer & Employee Contribution
Factors like longer employee tenure and more generous match rates result in higher contributions.
Average Employer Contribution
Employer
Cohort
Average Employee Contribution
Employee
Cohort
Plan Details
Plan name
Mercury General Corporation Profit Sharing Plan
Plan type
401k
Plan start date
09/30/1963
Plan assets
$940,916,309
Participation Rate
94.56 %
Loan %
1.45 %
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Key Plan Features
Each employer retirement plan is unique with different features that can benefit employees.
Loans
Yes
Self-directed
No
Auto-Enroll
Yes
Vesting Requirements
Yes
Returns
The below return percentage is an approximate one-year return. Specific employee start date's and other factors can shift the percentage up or down.
Average Returns
Employer
Cohort
Administrative Fees
Retirement plans pays fees each year to advisors and other vendors. This shows how your fees compare to like plans both as a percent of total and overall.
Administration Fees $
Employer
Cohort
Administrative Fees %
Employer
Cohort
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