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Company:
Faison Management Services, Inc.
Plan:
Faison & Associates Retirement Plan
 

Faison Management Services, Inc.

72 Plan: Faison & Associates Retirement Plan

 
 
72
9
65
88
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 16 point difference between this plan's BrightScope Rating (72) and the top rated plan (88) could equate to:
[How is this calculated?]
10 additional years of work
Up to $48,600 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

Faison & Associates Retirement Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 72. This plan is in the top 15% of plans for Salary Deferral. Faison & Associates Retirement Plan currently has over 200 active participants and over $15.9M in plan assets.

 

 Retirement Plan Details

Address 121 West Trade Street, Floor 2700
Charlotte, NC 28202 
Industry Lessors of Nonresidential Buildings (except Miniwarehouses)
Administrator Cynthia T Myers
Net Plan Assets $15,900,000
Total Participants 290
Avg Account Balance $55,000

 Top 3 Funds in this 401k

1. Lord Abbett Small-Cap Value 14%
2. PIMCO Total Return 13%
3. American Beacon Large Cap Value 12%

  Plan Service Providers

Corporate Trustee Wells Fargo (Wachovia)
Investment Adviser Wells Fargo (Wachovia)
Recordkeeper Wells Fargo (Wachovia)
Investment Adviser CAPTRUST Financial Advisors
Auditor Greer & Walker

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