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Company:
Altura Credit Union
Plan:
Altura Credit Union 401k Plan
 

Altura Credit Union

73 Plan: Altura Credit Union 401k Plan

 
 
73
38
66
82
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 9 point difference between this plan's BrightScope Rating (73) and the top rated plan (82) could equate to:
[How is this calculated?]
5 additional years of work
Up to $29,000 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

Altura Credit Union 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 73. This plan is in the top 35% of plans for Company Generosity and Investment Menu Quality. Altura Credit Union 401k Plan currently has over 400 active participants and over $12.6M in plan assets.


 Investment Menu Statistics

No. of Investment Options
74
Plan Average: 20
Largest Funds in this 401k: based on % allocation of assets
1. American Funds EuroPacific Growth 9%
2. John Hancock Funds II Lifestyle Balanced 8%
3. American Funds Growth Fund of America 8%

 Retirement Plan Details

Address 2847 Campus Parkway
Riverside, CA 92507-0906 
Industry Credit Unions
Administrator Valerie Spiro
Net Plan Assets $12,600,000
Total Participants 410
Avg Account Balance $34,000

  Plan Service Providers

Auditor McGladrey Wealth Management LLC
Administration Benefit Equity, Inc.
Recordkeeper John Hancock
Insurance Carrier John Hancock
Insurance Advisor/Broker Grant Bettingen, Inc.