1st Franklin Financial Corporation
59
Plan:
1st Franklin Financial 401k Retirement Plan
38
67
87
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 (59) and the top rated plan (87) could equate to:
[How is this calculated?]
[How is this calculated?]
15 additional years of work Up to $125,400 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
1st Franklin Financial 401k Retirement Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 59. This plan is in the top 15% of plans for Participation Rate. 1st Franklin Financial 401k Retirement Plan currently has over 1,000 active participants and over $26.0M in plan assets.
Retirement Plan Details
| Address |
49 East Doyle St., Po Box 880
Toccoa, GA 30577 |
| Industry | Consumer Lending |
| Administrator | Mike Haynie |
| Sponsor | A. Roger Guimond |
| Net Plan Assets | $26,000,000 |
| Total Participants | 1,100 |
| Avg Account Balance | $25,000 |
Compare Other Companies in Peer Group
| Credit Acceptance | 71.2 |
| Advanced Financial Services | 61.5 |
| Guild Mortgage Company | 59.3 |
| Franklin American Mortgage Company | 59.0 |
| SPS Holding | 57.9 |
| Moneytree | 49.6 |
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