Friendship Village of Schaumburg
58
Plan:
Friendship Village of Schaumburg 401k Savings & Retirement Plan
25
46
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?]
[How is this calculated?]
8 additional years of work Up to $162,000 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
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.
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 |
Compare Other Companies in Peer Group
| Parker Jewish Institute for Health... | 74.1 |
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| Perspectives | 57.9 |
| Wesley Health Care Center | 54.3 |
| The Arc of Bergen and Passaic... | 50.0 |
| The Company of Rock House | 49.1 |
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