Home  >   401k Directory   >   SRP Federal Credit Union
 
Company:
SRP Federal Credit Union
Plan:
SRP Federal Credit Union 401k Plan and Trust
 

SRP Federal Credit Union

53 Plan: SRP Federal Credit Union 401k Plan and Trust

 
 
53
23
65
81
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 28 point difference between this plan's BrightScope Rating (53) and the top rated plan (81) could equate to:
[How is this calculated?]
14 additional years of work
Up to $194,900 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

SRP Federal Credit Union 401k Plan and Trust is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 53. This plan is in the top 15% of plans for Participation Rate and Total Plan Cost. SRP Federal Credit Union 401k Plan and Trust currently has over 300 active participants and over $10.2M in plan assets.

 

 Retirement Plan Details

Address 1070 Edgefield Rd
North Augusta, SC 29860 
Industry Credit Unions
Administrator Cherry Devanery
Sponsor Cherry Devaney
Net Plan Assets $10,200,000
Total Participants 370
Avg Account Balance $28,000

 Top 3 Funds in this 401k

1. CUNA Stable Value Fund 73%
2. CUNA Deposit Administration Contract 17%
3. Participant Loans 6%

  Plan Service Providers

Insurance Carrier CUNA Mutual Insurance Society
Recordkeeper CUNA Mutual Insurance Society
Auditor Orth, Chakler, Murnane and Company CPAs

 Comments