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Company:
Wings Financial Credit Union
Plan:
Wings Financial Credit Union Retirement Savings Plan
 

Wings Financial Credit Union

70 Plan: Wings Financial Credit Union Retirement Savings Plan

 
 
70
29
66
86
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 16 point difference between this plan's BrightScope Rating (70) and the top rated plan (86) could equate to:
[How is this calculated?]
9 additional years of work
Up to $138,800 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

Wings Financial Credit Union Retirement Savings 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 Participation Rate. Wings Financial Credit Union Retirement Savings Plan currently has over 500 active participants and over $16.9M in plan assets.

 

 Investment Menu Statistics

No. of Investment Options
11
Plan Average: 24
Top 3 Funds in this 401k
1. MetLife Guaranteed Investment Contract 31%
2. Diamond Hill Small Cap 9%
3. Vanguard 500 Index 8%

 Retirement Plan Details

Address 14985 Glazier Avenue
Apple Valley, MN 55124 
Industry Credit Unions
Administrator Sandra L. Kroeber
Net Plan Assets $16,900,000
Total Participants 550
Avg Account Balance $31,000

  Plan Service Providers

Insurance Carrier MetLife
Insurance Advisor/Broker MetLife
Auditor Weber & Deegan, Ltd.

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