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Company:
Friends of Children of Mississippi, Inc.
Plan:
Friends of Children of Mississippi, Inc. 401k Profit Sharing Plan and Trust
 

Friends of Children of Mississippi, Inc.

37 Plan: Friends of Children of Mississippi, Inc. 401k Profit Sharing Plan and Trust

 
 
37
32
58
77
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 40 point difference between this plan's BrightScope Rating (37) and the top rated plan (77) could equate to:
[How is this calculated?]
17 additional years of work
Up to $282,400 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 of Children of Mississippi, Inc. 401k Profit Sharing Plan and Trust is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 37. This plan is in the top 15% of plans for Participation Rate and Total Plan Cost. Friends of Children of Mississippi, Inc. 401k Profit Sharing Plan and Trust currently has over 700 active participants and over $8.2M 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. Cash and Cash Equivalents 56%
2. Mutual of America Equity Index 7%
3. Fidelity Contrafund 4%

 
Plan Component Ratings

 Retirement Plan Details

Address 6425 Lakeover Road
Jackson, MS 39213 
Industry Educational Services
Administrator Marvin Hogan
Net Plan Assets $8,230,000
Total Participants 750
Avg Account Balance $11,000

 
Plan Service Providers

Insurance Carrier Mutual of America
Insurance Advisor/Broker New Orleans Regional Office
Recordkeeper Mutual of America
Auditor Watkins, Ward & Stafford, PLLC