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Company:
L & N Federal Credit Union
Plan:
L & N Federal Credit Union 401k Plan and Trust
 

L & N Federal Credit Union

63 Plan: L & N Federal Credit Union 401k Plan and Trust

 
 
63
23
65
81
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 18 point difference between this plan's BrightScope Rating (63) and the top rated plan (81) could equate to:
[How is this calculated?]
9 additional years of work
Up to $73,200 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

L & N 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 63. This plan is in the top 35% of plans for Total Plan Cost. L & N Federal Credit Union 401k Plan and Trust currently has over 200 active participants and over $8.4M in plan assets.

 

 Retirement Plan Details

Address 9265 Smyrna Pkwy
Louisville, KY 40229 
Industry Credit Unions
Administrator Sharon Spratt
Net Plan Assets $8,390,000
Total Participants 210
Avg Account Balance $40,000

 Top 3 Funds in this 401k

1. CUNA Deposit Administration Contract 30%
2. CUNA Large Cap Value 15%
3. CUNA Large Cap Growth 11%

  Plan Service Providers

Insurance Carrier CUNA Mutual Insurance Society
Recordkeeper CUNA Mutual Insurance Society
Auditor Deming, Malone Livesay & Ostroff

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