Financial Plus Federal Credit Union
70
Plan:
Financial Plus Federal Credit Union Retirement Plan
23
65
81
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 11 point difference between this plan's BrightScope Rating (70) and the top rated plan (81) could equate to:
[How is this calculated?]
[How is this calculated?]
6 additional years of work Up to $23,500 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
Financial Plus Federal Credit Union Retirement Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 70. This plan is in the top 15% of plans for Company Generosity. Financial Plus Federal Credit Union Retirement Plan currently has over 100 active participants and over $9.6M in plan assets.
Retirement Plan Details
| Address |
G3381 Van Slyke Rd
Flint, MI 48507-3263 |
| Industry | Credit Unions |
| Administrator | Marilyn J Reno |
| Net Plan Assets | $9,560,000 |
| Total Participants | 140 |
| Avg Account Balance | $69,000 |
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