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Company:
First Federal Bank Of California
Plan:
First Federal Bank Of California Employee Stock Ownership Plan
 

First Federal Bank Of California

62 Plan:

 
 
62
8
67
78
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 16 point difference between this plan's BrightScope Rating (62) and the top rated plan (78) could equate to:
[How is this calculated?]
7 additional years of work
Up to $102,500 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

First Federal Bank Of California Employee Stock Ownership Plan is a defined contribution plan with a leveraged ESOP component. This plan has a BrightScope Rating of 62. This plan is in the top 15% of plans for Participation Rate and Total Plan Cost. First Federal Bank Of California Employee Stock Ownership Plan currently has over 400 active participants and over $22.6M in plan assets.

 

 Retirement Plan Details

Address 12555 W Jefferson Blvd
Los Angeles, CA 90066-7036 
Industry Savings Institutions
Administrator Vikas Arora
Sponsor Brenda J Battey
Net Plan Assets $22,600,000
Total Participants 440
Avg Account Balance $48,000

 Top 1 Funds in this 401k

1. First Federal Bank of California Financial Corporation Common Stock 100%

  Plan Service Providers

Auditor Meir and Meir
Administration None

 Comments