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Company:
OneUnited Bank
Plan:
OneUnited Bank 401k Plan
 

OneUnited Bank

64 Plan: OneUnited Bank 401k Plan

 
 
64
22
66
87
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 23 point difference between this plan's BrightScope Rating (64) and the top rated plan (87) could equate to:
[How is this calculated?]
12 additional years of work
Up to $186,000 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

OneUnited Bank 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 64. OneUnited Bank 401k Plan currently has over 100 active participants and over $3.1M in plan assets.

 

 Retirement Plan Details

Address 201 Devonshire St Ste 600
Boston, MA 02110-1444 
Industry Commercial Banking
Administrator Monique Green
Net Plan Assets $3,130,000
Total Participants 110
Avg Account Balance $27,000

 Top 3 Funds in this 401k

1. Principal Stable Value Fund 13%
2. Principal Large Cap S&P 500 Index 12%
3. Principal Bond & Mortgage Securities 9%

  Plan Service Providers

Insurance Carrier Principal Financial Group
Insurance Advisor/Broker MassMutual
Administration Principal Financial Group
Auditor Crowe Horwath LLP

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