IFC Credit Corporation
74
Plan:
IFC Credit Corporation 401k Plan
3
62
84
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 10 point difference between this plan's BrightScope Rating (74) and the top rated plan (84) could equate to:
[How is this calculated?]
[How is this calculated?]
6 additional years of work Up to $64,700 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
IFC Credit Corporation 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 74, placing it in the top 15% of all plans in its peer group. This plan is also in the top 35% of plans for Participation Rate, Salary Deferral, and Total Plan Cost. IFC Credit Corporation 401k Plan currently has over 100 active participants and over $3.1M in plan assets.
Retirement Plan Details
| Address |
8700 Waukegan Rd Ste 100
Morton Grove, IL 60053-2104 |
| Industry | Sales Financing |
| Administrator | Marc Langs Stephen Csar |
| Sponsor | David Keenan |
| Net Plan Assets | $3,090,000 |
| Total Participants | 100 |
| Avg Account Balance | $30,000 |
Compare Other Companies in Peer Group
| PreCash | 65.1 |
| Multi Service | 61.1 |
| Optimus | 60.5 |
| Preferred Credit | 59.1 |
| AFC LLC | 58.2 |
| Orix Financial Services | 43.4 |
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