Federal National Mortgage Association
82
Plan:
41
70
88
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 6 point difference between this plan's BrightScope Rating (82) and the top rated plan (88) could equate to:
[How is this calculated?]
[How is this calculated?]
5 additional years of work Up to $24,500 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
Federal National Mortgage Association Retirement Savings Plan for Employees is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 82, placing it in the top 15% of all plans in its peer group. This plan is also in the top 15% of plans for Account Balances, Company Generosity, Salary Deferral, and Total Plan Cost. Federal National Mortgage Association Retirement Savings Plan for Employees currently has over 9,200 active participants and over $862.4M in plan assets.
Retirement Plan Details
| Address |
3900 Wisconsin Avenue, Nw
Washington, DC 20016 |
| Industry | Secondary Market Financing |
| Administrator | David Hisey |
| Sponsor | Brian Mcquaid |
| Net Plan Assets | $862,000,000 |
| Total Participants | 9,200 |
| Avg Account Balance | $93,000 |
Compare Other Companies in Peer Group
| Ally Financial | 77.1 |
| Comerica | 74.8 |
| Experian | 73.6 |
| Discover Financial Services | 71.7 |
| BancWest | 69.1 |
| Community America Credit Union | 65.9 |
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