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Company:
First Guaranty Mortgage Corporation
Plan:
First Guaranty 401k Plan
 

First Guaranty Mortgage Corporation

75 Plan:

 
 
75
3
61
84
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 9 point difference between this plan's BrightScope Rating (75) and the top rated plan (84) could equate to:
[How is this calculated?]
5 additional years of work
Up to $91,500 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

First Guaranty 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 75, placing it in the top 15% of all plans in its peer group. This plan is also in the top 15% of plans for Salary Deferral. First Guaranty 401k Plan currently has over 100 active participants and over $4.2M in plan assets.

 

 Retirement Plan Details

Address 8180 Greensboro Dr Ste 500
Mclean, VA 22102-3823 
Industry Real Estate Credit
Administrator Kenneth E. Clark
Net Plan Assets $4,190,000
Total Participants 110
Avg Account Balance $36,000

 Compare Other Companies in Peer Group

ECC Capital 72.3
USA Funding 70.2
MegaStar Financial 68.7
Stearns Lending 65.2
First Eastern Bankshares 61.6
Mortgage Investors 40.6

 Top 3 Funds in this 401k

1. Principal Diversified International 22%
2. Principal MidCap Growth III 16%
3. American Funds New Perspective 12%

  Plan Service Provider

Auditor Lindahl Associates PLLC

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