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Company:
Federal Home Loan Mortgage Corp.
Plan:
Federal Home Loan Mortgage Corp. Thrift/401k Savings Plan
 

Federal Home Loan Mortgage Corp.

84 Plan: Federal Home Loan Mortgage Corp. Thrift/401k Savings Plan

 
 
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88
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For the average 401k participant, the 4 point difference between this plan's BrightScope Rating (84) and the top rated plan (88) could equate to:
[How is this calculated?]
3 additional years of work
Up to $96,000 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.

 

 Comments

Retirement Plan Description

Federal Home Loan Mortgage Corp. Thrift/401k Savings Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 84, 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 Home Loan Mortgage Corp. Thrift/401k Savings Plan currently has over 9,400 active participants and over $960.7M in plan assets.

 Retirement Plan Details

Address 8250 Jones Branch Drive
Ms A33
Mclean, VA 22102-3110 
Industry Finance and Insurance
Administrator Mary Ann Oconnor
Net Plan Assets $961,000,000
Total Participants 9,400
Avg Account Balance $100,000

 Top 3 Funds in this 401k

1. T. Rowe Price Mid-Cap Value 15%
2. American Funds EuroPacific Growth 13%
3. Fidelity Spartan 500 Index 13%

  Plan Service Providers

Auditor BDO Seidman, LLP
Recordkeeper Fidelity

  Plan Data Vault

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