Family Residences & Essential Enterprises, Inc.
42
Plan:
Family Residences Retirement & 401k Savings Plan and Trust
8
50
86
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 44 point difference between this plan's BrightScope Rating (42) and the top rated plan (86) could equate to:
[How is this calculated?]
[How is this calculated?]
20 additional years of work Up to $310,700 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
Family Residences Retirement & 401k Savings Plan and Trust is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 42. This plan is in the top 15% of plans for Investment Menu Quality. Family Residences Retirement & 401k Savings Plan and Trust currently has over 1,900 active participants and over $18.4M in plan assets.
Retirement Plan Details
| Address |
191 Sweet Hollow Road
Old Bethpage, NY 11804-1314 |
| Industry | Health Care and Social Assistance |
| Administrator | Robert Budd |
| Net Plan Assets | $18,400,000 |
| Total Participants | 2,000 |
| Avg Account Balance | $10,000 |
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