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Company:
Armed Forces Benefit Association
Plan:
Armed Forces Benefit Association (AFBA) 401k Incentive Savings Plan
 

Armed Forces Benefit Association

80 Plan: Armed Forces Benefit Association (AFBA) 401k Incentive Savings Plan

 
 
80
30
73
92
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 (80) and the top rated plan (92) could equate to:
[How is this calculated?]
9 additional years of work
Up to $76,500 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

Armed Forces Benefit Association (AFBA) 401k Incentive Savings Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 80. This plan is in the top 15% of plans for Account Balances, Participation Rate, and Salary Deferral. Armed Forces Benefit Association (AFBA) 401k Incentive Savings Plan currently has over 200 active participants and over $17.6M in plan assets.

 

 Retirement Plan Details

Address 909 N. Washington Street
Alexandria, VA 22314-1555 
Industry Other Services (except Public Administration)
Administrator Mark A Centanni
Net Plan Assets $17,600,000
Total Participants 210
Avg Account Balance $84,000

 Top 3 Funds in this 401k

1. Prudential Guaranteed Income Fund 21%
2. FBR Large Cap 11%
3. FBR Balanced 11%

  Plan Service Providers

Insurance Carrier Prudential
Administration Prudential
Recordkeeper Prudential
Auditor Johnson Lambert & Co. LLP

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