First of Huron Corporation
62
Plan:
First of Huron Corporation Employee Deferred Compensation Plan
30
63
75
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 13 point difference between this plan's BrightScope Rating (62) and the top rated plan (75) could equate to:
[How is this calculated?]
[How is this calculated?]
6 additional years of work Up to $55,400 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
First of Huron Corporation Employee Deferred Compensation Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 62. This plan is in the top 35% of plans for Participation Rate. First of Huron Corporation Employee Deferred Compensation Plan currently has over 100 active participants and over $3.9M in plan assets.
Retirement Plan Details
| Address |
1 E Huron Ave
Bad Axe, MI 48413-1371 |
| Industry | Commercial Banking |
| Administrator | Christopher Bachman |
| Net Plan Assets | $3,940,000 |
| Total Participants | 120 |
| Avg Account Balance | $34,000 |
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