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Company:
Finance Center Federal Credit Union
Plan:
Finance Center Federal Credit Union 401k Profit Sharing Plan
 

Finance Center Federal Credit Union

61 Plan: Finance Center Federal Credit Union 401k Profit Sharing Plan

 
 
61
37
65
78
0
10
20
30
40
50
60
70
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100
For the average 401k participant, the 17 point difference between this plan's BrightScope Rating (61) and the top rated plan (78) could equate to:
[How is this calculated?]
8 additional years of work
Up to $71,400 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

Finance Center Federal Credit Union 401k Profit Sharing Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 61. This plan is in the top 15% of plans for Investment Menu Quality. Finance Center Federal Credit Union 401k Profit Sharing Plan currently has over 100 active participants and over $3.6M in plan assets.

 

 Retirement Plan Details

Address 7101 E 56th St
Indianapolis, IN 46226-1315 
Industry Credit Unions
Administrator Frances Tooley
Sponsor Roger A. Youngs
Net Plan Assets $3,650,000
Total Participants 160
Avg Account Balance $24,000

 Top 3 Funds in this 401k

1. John Hancock Funds II Lifestyle Balanced 24%
2. John Hancock Funds II Lifestyle Growth 14%
3. John Hancock Funds II Lifestyle Aggressive 6%

  Plan Service Providers

Auditor Bkd, LLP
Corporate Trustee John Hancock
Corporate Trustee Lincoln Financial
Insurance Carrier John Hancock
Insurance Carrier Lincoln Financial

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