Friends Homes, Inc.
56
Plan:
Friends Homes, Inc. Employees' Retirement Plan and Trust
11
46
63
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 7 point difference between this plan's BrightScope Rating (56) and the top rated plan (63) could equate to:
[How is this calculated?]
[How is this calculated?]
2 additional years of work Up to $63,000 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
Friends Homes, Inc. Employees' Retirement Plan and Trust is a defined contribution plan with a profit-sharing component. This plan has a BrightScope Rating of 56, placing it in the top 15% of all plans in its peer group. This plan is also in the top 15% of plans for Investment Menu Quality. Friends Homes, Inc. Employees' Retirement Plan and Trust currently has over 300 active participants and over $2.1M in plan assets.
Retirement Plan Details
| Address |
925 New Garden Rd
Greensboro, NC 27410-3267 |
| Industry | Health Care and Social Assistance |
| Sponsor | Friends Homes, Inc. |
| Net Plan Assets | $2,100,000 |
| Total Participants | 340 |
| Avg Account Balance | $5,900 |
Compare Other Companies in Peer Group
| Fox Subacute | 47.9 |
| Thomas Allen | 47.6 |
| The Hamister Group | 45.5 |
| Kramm Healthcare Center | 43.7 |
| South Carolina Episcopal Home at... | 42.2 |
| Pioneer Retirement Community | 41.8 |
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