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Company:
Langley Federal Credit Union
Plan:
Langley Federal Credit Union 401k Plan
 

Langley Federal Credit Union

63 Plan: Langley Federal Credit Union 401k Plan

 
 
63
43
65
78
0
10
20
30
40
50
60
70
80
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100
For the average 401k participant, the 15 point difference between this plan's BrightScope Rating (63) and the top rated plan (78) could equate to:
[How is this calculated?]
7 additional years of work
Up to $116,000 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.

 

Retirement Plan Description

Langley Federal Credit Union 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 63. This plan is in the top 15% of plans for Investment Menu Quality. Langley Federal Credit Union 401k Plan currently has over 400 active participants and over $18.2M in plan assets.

 

 Investment Menu Statistics

No. of Investment Options
26
Plan Average: 24
Top 3 Funds in this 401k
1. MFS Cash Reserve 11%
2. PIMCO Total Return 11%
3. MFS Moderate Allocation 8%

 
Plan Component Ratings

 Retirement Plan Details

Address 721 Lake Front Commons, Suite 400
Newport News, VA 23606 
Industry Credit Unions
Administrator Jean Yokum
Net Plan Assets $18,200,000
Total Participants 500
Avg Account Balance $42,000

 Compare Other Companies in Peer Group

Bethpage Federal Credit Union 66.2
Travis Credit Union 66.0
Wright-Patt Credit Union 65.7
Patelco Credit Union 65.5
Texans Credit Union 64.0
DFCU Financial 53.8

  Plan Service Provider

Auditor Charles W. Snader, Pc

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