Friends of Faith Retirement Home, Inc. DBA Friendship Village
58
Plan:
11
46
70
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 12 point difference between this plan's BrightScope Rating (58) and the top rated plan (70) could equate to:
[How is this calculated?]
[How is this calculated?]
5 additional years of work Up to $57,700 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
Friendship Village 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 58, placing it in the top 15% of all plans in its peer group. This plan is also in the top 15% of plans for Participation Rate. Friendship Village 401k Plan currently has over 100 active participants and over $2.3M in plan assets.
Retirement Plan Details
| Address |
600 Park Ln
Waterloo, IA 50702-5200 |
| Industry | Health Care and Social Assistance |
| Administrator | Lisa Gates |
| Net Plan Assets | $2,320,000 |
| Total Participants | 150 |
| Avg Account Balance | $15,000 |
Compare Other Companies in Peer Group
| Weirton Geriatric Center | 62.5 |
| General German Aged Peoples Home... | 60.1 |
| DakotAbilities | 55.0 |
| Maplewood Nursing Home | 44.6 |
| Bridges | 43.7 |
| Luther Woods Convalescent Center | 43.2 |
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