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Company:
Founders Group, Inc.
Plan:
Founders Group, Inc. Profit Sharing Plan
 

Founders Group, Inc.

59 Plan: Founders Group, Inc. Profit Sharing Plan

 
 
59
10
65
77
0
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For the average 401k participant, the 18 point difference between this plan's BrightScope Rating (59) and the top rated plan (77) could equate to:
[How is this calculated?]
8 additional years of work
Up to $163,900 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

Founders Group, Inc. Profit Sharing Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 59. This plan is in the top 35% of plans for Investment Menu Quality. Founders Group, Inc. Profit Sharing Plan currently has over 500 active participants and over $18.4M in plan assets.

 

 Retirement Plan Details

Address 6825 W 111th St
Worth, IL 60482-1800 
Industry Commercial Banking
Administrator Randall D. Ytterberg, Sr. Vice Pres
Net Plan Assets $18,400,000
Total Participants 510
Avg Account Balance $37,000

 Compare Other Companies in Peer Group

Cascade Bancorp 71.7
Camden National 71.6
Seacoast National Bank 68.0
Frandsen Financial 65.8
Firstbank 59.7
Marquette Bank 54.2

 Top 3 Funds in this 401k

1. Federated Capital Preservation Fund 40%
2. Federated Stock & Bond 12%
3. Federated Capital Appreciation 9%

  Plan Service Providers

Auditor Clifton Gunderson
Consultant Dana Consulting Group, Ltd.
Legal Counsel Sonnenschein Nath & Rosenthal LLP

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