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Company:
Falcon Drilling Co., LLC
Plan:
Falcon Drilling Co., LLC 401k Plan
 

Falcon Drilling Co., LLC

51 Plan: Falcon Drilling Co., LLC 401k Plan

 
 
51
34
73
91
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 40 point difference between this plan's BrightScope Rating (51) and the top rated plan (91) could equate to:
[How is this calculated?]
21 additional years of work
Up to $265,600 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

Falcon Drilling Co., LLC 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 51. This plan is in the top 35% of plans for Investment Menu Quality. Falcon Drilling Co., LLC 401k Plan currently has over 100 active participants and over $1.6M in plan assets.

 

 Retirement Plan Details

Address 1120 Rte 119 Hwy North
Indiana, PA 15701 
Industry Mining, Quarrying, and Oil and Gas Extraction
Administrator Larry Winckler
Net Plan Assets $1,560,000
Total Participants 180
Avg Account Balance $8,700

 Top 3 Funds in this 401k

1. ING Fixed Account 22%
2. Oppenheimer Global 13%
3. ING Growth and Income Portfolio 8%

  Plan Service Providers

Insurance Carrier ING
Insurance Advisor/Broker Wells Fargo (Wachovia)
Auditor Sobol Veltum Assoc

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