The Fashion Institute of Design and Merchandising
60
Plan:
The Fashion Institute of Design and Merchandising 401k Plan
43
63
85
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 25 point difference between this plan's BrightScope Rating (60) and the top rated plan (85) could equate to:
[How is this calculated?]
[How is this calculated?]
13 additional years of work Up to $116,700 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
The Fashion Institute of Design and Merchandising 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 60. This plan is in the top 15% of plans for Investment Menu Quality. The Fashion Institute of Design and Merchandising 401k Plan currently has over 800 active participants and over $22.0M in plan assets.
Retirement Plan Details
| Address |
919 South Grand Avenue
Los Angeles, CA 90015-1421 |
| Industry | Educational Services |
| Administrator | Annie Johnson |
| Net Plan Assets | $22,000,000 |
| Total Participants | 890 |
| Avg Account Balance | $25,000 |
Compare Other Companies in Peer Group
| Academy of Art University | 67.9 |
| Lynn University | 61.4 |
| Webster University | 57.5 |
| Mount St. Marys College | 56.6 |
| Pensacola Christian College | 53.4 |
| Franklin Pierce University | 52.8 |
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