Hudson Valley Federal Credit Union
62
Plan:
HVFCU 401k Plan
22
65
80
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 (62) and the top rated plan (80) could equate to:
[How is this calculated?]
[How is this calculated?]
9 additional years of work Up to $149,200 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
HVFCU 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 62. This plan is in the top 35% of plans for Total Plan Cost. HVFCU 401k Plan currently has over 800 active participants and over $18.6M in plan assets.
Retirement Plan Details
| Address |
159 Barnegat Rd
Poughkeepsie, NY 12601-5410 |
| Industry | Credit Unions |
| Administrator | Robert Hennessy |
| Net Plan Assets | $18,600,000 |
| Total Participants | 820 |
| Avg Account Balance | $23,000 |
Compare Other Companies in Peer Group
| Virginia Credit Union | 69.5 |
| Grow Financial Federal Credit Union | 68.4 |
| Teachers Federal Credit Union | 64.8 |
| Langley Federal Credit Union | 63.0 |
| Members 1st Federal Credit Union | 60.7 |
| Sefcu | 58.3 |
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