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Company:
Friendship Village of Schaumburg
Plan:
Friendship Village of Schaumburg 401k Savings & Retirement Plan
 

Friendship Village of Schaumburg

58 Plan: Friendship Village of Schaumburg 401k Savings & Retirement Plan

 
 
58
21
47
76
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 18 point difference between this plan's BrightScope Rating (58) and the top rated plan (76) could equate to:
[How is this calculated?]
8 additional years of work
Up to $161,100 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

Friendship Village of Schaumburg 401k Savings & Retirement Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 58, placing it in the top 15% of all plans in its peer group. This plan is also in the top 15% of plans for Participation Rate. Friendship Village of Schaumburg 401k Savings & Retirement Plan currently has over 200 active participants and over $8.6M in plan assets.

 

 Investment Menu Statistics

No. of Investment Options
17
Plan Average: 24
Top 3 Funds in this 401k
1. ING Fixed Account 58%
2. American Funds Growth Fund of America 9%
3. American Funds Income Fund of America 8%

 Retirement Plan Details

Address 350 West Schaumburg Road
Schaumburg, IL 60194-3400 
Industry Health Care and Social Assistance
Administrator Cheryl Lane
Net Plan Assets $8,600,000
Total Participants 270
Avg Account Balance $32,000

  Plan Service Providers

Insurance Carrier ING
Auditor KPMG, Llp
Insurance Advisor/Broker Peter Wright

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