Franklin Mint Federal Credit Union
60
Plan:
Franklin Mint Federal Credit Union 401k
38
65
78
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 18 point difference between this plan's BrightScope Rating (60) and the top rated plan (78) could equate to:
[How is this calculated?]
[How is this calculated?]
8 additional years of work Up to $123,900 in lost retirement 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.
Retirement Plan Description
Franklin Mint Federal Credit Union 401k is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 60. This plan is in the top 35% of plans for Participation Rate and Total Plan Cost. Franklin Mint Federal Credit Union 401k currently has over 200 active participants and over $4.8M in plan assets.
Retirement Plan Details
| Address |
1974 Sproul Rd Ste 300
Broomall, PA 19008-3402 |
| Industry | Credit Unions |
| Administrator | Anne Mcnally |
| Sponsor | Michael Magnavita |
| Net Plan Assets | $4,820,000 |
| Total Participants | 230 |
| Avg Account Balance | $21,000 |
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