State Employees Credit Union of Maryland, Inc.
60
Plan:
State Employees Credit Union of Maryland 401k Retirement Plan
39
66
81
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 21 point difference between this plan's BrightScope Rating (60) and the top rated plan (81) could equate to:
[How is this calculated?]
[How is this calculated?]
10 additional years of work Up to $135,500 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
State Employees Credit Union of Maryland 401k Retirement Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 60. This plan is in the top 35% of plans for Participation Rate. State Employees Credit Union of Maryland 401k Retirement Plan currently has over 600 active participants and over $22.9M in plan assets.
Retirement Plan Details
| Address |
971 Corporate Blvd.
Linthicum, MD 21090-2342 |
| Industry | Credit Unions |
| Administrator | Teshia Williams |
| Net Plan Assets | $22,900,000 |
| Total Participants | 640 |
| Avg Account Balance | $36,000 |
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