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Company:
Firstlight Federal Credit Union
Plan:
Firstlight Federal Credit Union 401k Plan And Trust
 

Firstlight Federal Credit Union

60 Plan: Firstlight Federal Credit Union 401k Plan And Trust

 
 
60
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?]
15 additional years of work
Up to $197,700 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

Firstlight 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 60. This plan is in the top 15% of plans for Participation Rate. Firstlight Federal Credit Union 401k Plan And Trust currently has over 400 active participants and over $7.0M in plan assets.

 

 Retirement Plan Details

Address Po Box 24901
El Paso, TX 79914 
Industry Credit Unions
Administrator Karin Melson
Net Plan Assets $7,010,000
Total Participants 490
Avg Account Balance $14,000

 Top 3 Funds in this 401k

1. Vanguard Target Retirement 2040 18%
2. Vanguard Target Retirement 2020 17%
3. Vanguard Target Retirement 2030 10%

  Plan Service Providers

Insurance Carrier CUNA Mutual Insurance Society
Recordkeeper Marshall & Ilsley
Auditor Orth, Chakler, Murnane and Company CPAs

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