Home  >   401k Directory   >   Florida Credit Union
 
Company:
Florida Credit Union
Plan:
Florida Credit Union 401k Profit Sharing Plan and Trust
 

Florida Credit Union

60 Plan: Florida Credit Union 401k Profit Sharing Plan and Trust

 
 
60
22
66
87
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 27 point difference between this plan's BrightScope Rating (60) and the top rated plan (87) could equate to:
[How is this calculated?]
15 additional years of work
Up to $177,300 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

Florida Credit Union 401k Profit Sharing Plan and Trust is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 60. This plan is in the top 35% of plans for Participation Rate. Florida Credit Union 401k Profit Sharing Plan and Trust currently has over 100 active participants and over $5.9M in plan assets.

 

 
Plan Component Ratings

 Retirement Plan Details

Address 1615 North West 80th Blv.
Gainesville, FL 32606 
Industry Credit Unions
Administrator Karen Rose
Sponsor Mark Starr
Net Plan Assets $5,900,000
Total Participants 170
Avg Account Balance $33,000

 Compare Other Companies in Peer Group

Justice Federal Credit Union 70.2
Partners 1st Federal Credit Union 64.4
Charter Oak Federal Credit Union 61.8
Heritage Trust Federal Credit Union 61.0
First Florida Credit Union 60.1
Point Loma Credit Union 59.6

 Top 3 Funds in this 401k

1. MassMutual Guaranteed Interest Account 37%
2. Fidelity Contrafund 10%
3. MassMutual Select Fundamental Value 6%

  Plan Service Providers

Insurance Carrier MassMutual
Insurance Advisor/Broker Jeffrey M Tyrakowski
Auditor Mayer Hoffman McCann

 Comments