Ascend Federal Credit Union
60
Plan:
Ascend Federal Credit Union Cash or Deferred Compensation Plan
22
69
88
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 (60) and the top rated plan (88) could equate to:
[How is this calculated?]
[How is this calculated?]
15 additional years of work Up to $190,700 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
Ascend Federal Credit Union Cash or Deferred Compensation Plan 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 Company Generosity and Total Plan Cost. Ascend Federal Credit Union Cash or Deferred Compensation Plan currently has over 300 active participants and over $11.2M in plan assets.
Retirement Plan Details
| Address |
P.O. Box 1210
Tullahoma, TN 37388-8212 |
| Industry | Credit Unions |
| Administrator | Peggy Stubblefield |
| Net Plan Assets | $11,200,000 |
| Total Participants | 320 |
| Avg Account Balance | $35,000 |
Comments