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Company:
Navy Federal Credit Union
Plan:
Navy Federal 401k Savings Plan
 

Navy Federal Credit Union

68 Plan: Navy Federal 401k Savings Plan

 
 
68
22
70
88
0
10
20
30
40
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60
70
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100
For the average 401k participant, the 20 point difference between this plan's BrightScope Rating (68) and the top rated plan (88) could equate to:
[How is this calculated?]
12 additional years of work
Up to $123,200 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

Navy Federal 401k Savings Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 68. This plan is in the top 15% of plans for Total Plan Cost. Navy Federal 401k Savings Plan currently has over 8,300 active participants and over $291.5M in plan assets.

 

 Retirement Plan Details

Address P.O. Box 3400
Vienna, VA 22180 
Industry Credit Unions
Administrator Nancy Astorga
Net Plan Assets $291,000,000
Total Participants 8,300
Avg Account Balance $35,000

 Top 3 Funds in this 401k

1. Fidelity Contrafund 11%
2. Fidelity Freedom 2030 11%
3. Fidelity Freedom 2020 10%

  Plan Service Providers

Legal Counsel Hunton & Williams LLP
Auditor PricewaterhouseCoopers LLP

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