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Company:
Amerifirst Financial Corporation
Plan:
Amerifirst Financial Corporation Profit Sharing and Retirement Savings Plan
 

Amerifirst Financial Corporation

52 Plan: Amerifirst Financial Corporation Profit Sharing and Retirement Savings Plan

 
 
52
30
61
88
0
10
20
30
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60
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100
For the average 401k participant, the 36 point difference between this plan's BrightScope Rating (52) and the top rated plan (88) could equate to:
[How is this calculated?]
18 additional years of work
Up to $207,000 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

Amerifirst Financial Corporation Profit Sharing and Retirement Savings Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 52. This plan is in the top 15% of plans for Investment Menu Quality. Amerifirst Financial Corporation Profit Sharing and Retirement Savings Plan currently has over 100 active participants and over $1.8M in plan assets.

 

 Investment Menu Statistics

No. of Investment Options
24
Plan Average: 24
Top 3 Funds in this 401k
1. Russell LifePoints Growth Strategy 13%
2. Principal SmallCap S&P 600 Index 12%
3. Principal MidCap Value I 10%

 Retirement Plan Details

Address 616 W Centre Ave
Portage, MI 49024-5363 
Industry Real Estate Credit
Administrator Sandra Cartwright
Net Plan Assets $1,770,000
Total Participants 140
Avg Account Balance $18,000

  Plan Service Providers

Insurance Carrier Principal Financial Group
Insurance Advisor/Broker Raymond James & Associates, Inc.
Administration Principal Financial Group
Auditor Richey May & Co., LLP

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