Stearns Lending, Inc.
48
Plan:
Stearns Lending, Inc. 401k Plan
23
61
88
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 (48) and the top rated plan (88) could equate to:
[How is this calculated?]
[How is this calculated?]
19 additional years of work Up to $271,500 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
Stearns Lending, Inc. 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 48. This plan is in the top 35% of plans for Salary Deferral. Stearns Lending, Inc. 401k Plan currently has over 300 active participants and over $4.5M in plan assets.
Retirement Plan Details
| Address |
4 Hutton Centre Dr., Suite 500
Santa Ana, CA 92707 |
| Industry | Real Estate Credit |
| Administrator | Robert W. Telles |
| Net Plan Assets | $4,470,000 |
| Total Participants | 360 |
| Avg Account Balance | $13,000 |
Compare Other Companies in Peer Group
| Holliday Fenoglio Fowler, L.P. | 77.2 |
| Network Funding, L.P. | 61.9 |
| Pioneer Credit Company | 55.7 |
| Summit Mortgage | 53.2 |
| Personal Finance Company LLC | 47.9 |
| Hutcheson Enterprises | 36.8 |
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