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Company:
Formed Fiber Technologies, Inc.
Plan:
Formed Fiber Technologies, Inc. 401k Plan
 

Formed Fiber Technologies, Inc.

61 Plan: Formed Fiber Technologies, Inc. 401k Plan

 
 
61
10
63
84
0
10
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30
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60
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100
For the average 401k participant, the 23 point difference between this plan's BrightScope Rating (61) and the top rated plan (84) could equate to:
[How is this calculated?]
12 additional years of work
Up to $94,900 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

Formed Fiber Technologies, Inc. 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 61. This plan is in the top 35% of plans for Account Balances, Investment Menu Quality, and Total Plan Cost. Formed Fiber Technologies, Inc. 401k Plan currently has over 500 active participants and over $29.3M in plan assets.

 

 Retirement Plan Details

Address P O Box 1300
Auburn, ME 04211-1300 
Industry Manufacturing
Administrator Fred Frohardt
Net Plan Assets $29,300,000
Total Participants 590
Avg Account Balance $49,000

 Top 3 Funds in this 401k

1. Federated Capital Preservation Fund 27%
2. Dodge & Cox Stock 9%
3. Hartford Midcap 7%

  Plan Service Providers

Corporate Trustee TD Banknorth Wealth Management Group
Recordkeeper TD Banknorth Wealth Management Group
Auditor Berry Dunn Mcneil & Parker

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