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Company:
Franklin Credit Management Corporation
Plan:
Franklin Credit Mgmt Corp 401k Savings Plan
 

Franklin Credit Management Corporation

60 Plan: Franklin Credit Mgmt Corp 401k Savings Plan

 
 
60
34
60
85
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 25 point difference between this plan's BrightScope Rating (60) and the top rated plan (85) could equate to:
[How is this calculated?]
13 additional years of work
Up to $111,400 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

Franklin Credit Mgmt Corp 401k Savings Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 60. Franklin Credit Mgmt Corp 401k Savings Plan currently has over 200 active participants and over $3.3M in plan assets.

 

 Retirement Plan Details

Address 101 Hudson Street
25th Floor
Jersey City, NJ 07302 
Industry Other Activities Related to Real Estate
Administrator Ayoko Groves
Net Plan Assets $3,320,000
Total Participants 230
Avg Account Balance $14,000

 Top 3 Funds in this 401k

1. Morgan Stanley Liquid Asset 17%
2. Morgan Stanley Focus Growth 9%
3. Invesco Equally-Weighted S&P 500 8%

  Plan Service Provider

Auditor Palmetto,Mollo,Molinaro&Sciacca,LLP

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