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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

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

 
 
67
35
66
89
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 22 point difference between this plan's BrightScope Rating (67) and the top rated plan (89) could equate to:
[How is this calculated?]
14 additional years of work
Up to $77,300 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

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 67. This plan is in the top 35% of plans for Account Balances, Company Generosity, Investment Menu Quality, and Total Plan Cost. L & N Federal Credit Union 401k Plan and Trust currently has over 200 active participants and over $10.6M in plan assets.


 Investment Menu Statistics

No. of Investment Options
22
Plan Average: 20
Largest Funds in this 401k: based on % allocation of assets
1. CUNA Deposit Administration Contract 30%
2. CUNA Large Cap Value 12%
3. CUNA Large Cap Growth 10%

 Retirement Plan Details

Address 9265 Smyrna Pkwy
Louisville, KY 40229 
Industry Credit Unions
Administrator Sharon Spratt
Net Plan Assets $10,600,000
Total Participants 220
Avg Account Balance $57,000

  Plan Service Providers

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