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Company:
Virginia Credit Union, Inc.
Plan:
Virginia Credit Union 401k Savings Plan
 

Virginia Credit Union, Inc.

70 Plan: Virginia Credit Union 401k Savings Plan

 
 
70
43
65
78
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 8 point difference between this plan's BrightScope Rating (70) and the top rated plan (78) could equate to:
[How is this calculated?]
4 additional years of work
Up to $80,400 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

Virginia Credit Union 401k Savings Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 70. This plan is in the top 35% of plans for Total Plan Cost. Virginia Credit Union 401k Savings Plan currently has over 500 active participants and over $19.1M in plan assets.

 

 Investment Menu Statistics

No. of Investment Options
12
Plan Average: 24
Top 3 Funds in this 401k
1. PIMCO Fund MISC 16%
2. Lincoln Financial Stable Value 15%
3. American Funds EuroPacific Growth 14%

 Retirement Plan Details

Address 7500 Boulders View Drive
Richmond, VA 23225 
Industry Credit Unions
Administrator Bill Dodl
Net Plan Assets $19,100,000
Total Participants 590
Avg Account Balance $36,000

  Plan Service Providers

Insurance Carrier Lincoln Financial
Administration Lincoln Financial
Auditor McGladrey

 Comments