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Company:
House of Fara, Incorporated
Plan:
House of Fara, Incorporated 401k Plan
 

House of Fara, Incorporated

58 Plan: House of Fara, Incorporated 401k Plan

 
 
58
10
64
86
0
10
20
30
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60
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100
For the average 401k participant, the 28 point difference between this plan's BrightScope Rating (58) and the top rated plan (86) could equate to:
[How is this calculated?]
14 additional years of work
Up to $115,100 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

House of Fara, Incorporated 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 58. House of Fara, Incorporated 401k Plan currently has over 100 active participants and over $1.4M in plan assets.

 

 Investment Menu Statistics

No. of Investment Options
3
Plan Average: 24
Top 3 Funds in this 401k
1. 1st Source Bank Aggressive 41%
2. 1st Source Bank Balanced 30%
3. 1st Source Bank Low Risk Fund 27%

 Retirement Plan Details

Address P. O. Box 337
Laporte, IN 46352-0337 
Industry Manufacturing
Administrator Michael F. Fara
Net Plan Assets $1,360,000
Total Participants 130
Avg Account Balance $17,000

  Plan Service Providers

Auditor Gerbel & Company, P.C.
Corporate Trustee 1st Source Bank
Recordkeeper 1st Source Bank

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