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Company:
iFreedom Direct Corporation
Plan:
iFreedom Direct Corporation Employee Stock Ownership Plan
 

iFreedom Direct Corporation

51 Plan:

 
 
51
29
66
89
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 38 point difference between this plan's BrightScope Rating (51) and the top rated plan (89) could equate to:
[How is this calculated?]
19 additional years of work
Up to $241,000 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

iFreedom Direct Corporation Employee Stock Ownership Plan is a defined contribution plan with a profit-sharing component, stock bonus component, and ESOP component. This plan has a BrightScope Rating of 51. This plan is in the top 15% of plans for Participation Rate and Total Plan Cost. iFreedom Direct Corporation Employee Stock Ownership Plan currently has over 400 active participants and over $13.5M in plan assets.

 

 Investment Menu Statistics

No. of Investment Options
2
Plan Average: 24
Top 2 Funds in this 401k
1. iFreedom Direct Corporation Common Stock 88%
2. Cash and Cash Equivalents 11%

 
Plan Component Ratings

 Retirement Plan Details

Address 2363 Foothill Dr
Salt Lake City, UT 84109-1458 
Industry Real Estate Credit
Administrator Terry Turville
Net Plan Assets $13,500,000
Total Participants 430
Avg Account Balance $31,000

  Plan Service Provider

Auditor Schmitt, Griffiths, Smith & Co.

 Comments