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Company:
Focus Hope
Plan:
Focus Hope 401K Retirement Plan
 

Focus Hope

27 Plan: Focus Hope 401K Retirement Plan

 
 
27
23
59
86
0
10
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For the average 401k participant, the 59 point difference between this plan's BrightScope Rating (27) and the top rated plan (86) could equate to:
[How is this calculated?]
26 additional years of work
Up to $460,000 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

Focus Hope 401K Retirement Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 27. This plan is in the top 15% of plans for Investment Menu Quality. Focus Hope 401K Retirement Plan currently has over 300 active participants and over $535.7K in plan assets.

 

 Retirement Plan Details

Address 1355 Oakman Boulevard
Detroit, MI 48238-2849 
Industry Vocational Rehabilitation Services
Net Plan Assets $540,000
Total Participants 310
Avg Account Balance $1,600

 Top 3 Funds in this 401k

1. John Hancock Funds II Lifestyle Balanced 28%
2. Franklin Balance Sheet Investment 17%
3. John Hancock Funds II Lifestyle Growth 13%

  Plan Service Providers

Auditor Alan C. Young & Associates, P.C.
Insurance Carrier John Hancock
Insurance Advisor/Broker Morgan Stanley Smith Barney

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