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

Fairpoint Communications, Inc.

71 Plan:

 
 
71
10
71
91
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 20 point difference between this plan's BrightScope Rating (71) and the top rated plan (91) could equate to:
[How is this calculated?]
13 additional years of work
Up to $89,100 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 401k feature. This plan has a BrightScope Rating of 71. This plan is in the top 15% of plans for Participation Rate. FairPoint Communications, Inc. Employees Savings Plan currently has over 800 active participants and over $64.7M 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. PIMCO Total Return 14%
2. Diversified Stable Pooled Fund 13%
3. Vanguard Institutional Index 9%

 Retirement Plan Details

Address 521 E. Morehead Street, Suite 500
Charlotte, NC 28202 
Industry Information
Administrator John Whitener
Net Plan Assets $64,700,000
Total Participants 820
Avg Account Balance $79,000

  Plan Service Providers

Investment Adviser NFP Securities, Inc.
Consultant NFP Securities, Inc.
Recordkeeper ABN AMRO Trust Services Company
Recordkeeper Fidelity
Auditor Greer & Walker