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Company:
Fairpoint Communications, Inc.
Plan:
FairPoint Communications, Inc. Employees Savings Plan
 

Fairpoint Communications, Inc.

72 Plan:

 
 
72
10
70
90
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 18 point difference between this plan's BrightScope Rating (72) and the top rated plan (90) could equate to:
[How is this calculated?]
12 additional years of work
Up to $47,600 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

FairPoint Communications, Inc. Employees Savings Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 72. This plan is in the top 15% of plans for Participation Rate. FairPoint Communications, Inc. Employees Savings Plan currently has over 900 active participants and over $61.9M in plan assets.


 Investment Menu Statistics

No. of Investment Options
23
Plan Average: 20
Largest Funds in this 401k: based on % allocation of assets
1. Diversified Stable Pooled Fund 14%
2. PIMCO Total Return 13%
3. Transamerica Asset Allocation Intermediate Horizon 8%

 Retirement Plan Details

Address 521 E. Morehead Street, Suite 500
Charlotte, NC 28202 
Industry Information
Administrator John Whitener
Net Plan Assets $61,900,000
Total Participants 930
Avg Account Balance $66,000

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