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Company:
Teachers Federal Credit Union
Plan:
Teachers Federal Credit Union Cash or Deferred Compensation Plan and Trust
 

Teachers Federal Credit Union

65 Plan: Teachers Federal Credit Union Cash or Deferred Compensation Plan and Trust

 
 
65
43
65
78
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 13 point difference between this plan's BrightScope Rating (65) and the top rated plan (78) could equate to:
[How is this calculated?]
6 additional years of work
Up to $121,100 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

Teachers Federal Credit Union Cash or Deferred Compensation Plan and Trust is a defined contribution plan with a 401k feature. This plan has a BrightScope Rating of 65. This plan is in the top 35% of plans for Participation Rate. Teachers Federal Credit Union Cash or Deferred Compensation Plan and Trust currently has over 600 active participants and over $24.3M in plan assets.

 

 Investment Menu Statistics

No. of Investment Options
19
Plan Average: 24
Largest Funds in this 401k: based on % allocation of assets
1. MFS Fixed Fund 17%
2. MFS Total Return 11%
3. MFS Massachusetts Investors Trust 11%

 
Plan Component Ratings

 Retirement Plan Details

Address P.O. Box 9029
Farmingville, NY 11738-2997 
Industry Credit Unions
Administrator Thomas A Fallon
Net Plan Assets $24,300,000
Total Participants 620
Avg Account Balance $41,000

 Compare Other Companies in Peer Group

Eastman Credit Union 70.8
Ent Federal Credit Union 70.0
Washington State Employees Credit... 65.5
Tower Federal Credit Union 65.2
Royal Credit Union 63.9
Teachers Credit Union 62.9

  Plan Service Providers

Recordkeeper Hartford
Auditor Cfpd, LLP

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