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Company:
First Atlantic Corporation
Plan:
First Atlantic Corporation 401k Plan
 

First Atlantic Corporation

38 Plan: First Atlantic Corporation 401k Plan

 
 
38
4
45
65
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 27 point difference between this plan's BrightScope Rating (38) and the top rated plan (65) could equate to:
[How is this calculated?]
10 additional years of work
Up to $224,500 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

First Atlantic Corporation 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 38. First Atlantic Corporation 401k Plan currently has over 1,000 active participants and over $2.5M in plan assets.

 

 Retirement Plan Details

Address 222 Saint John St Ste 207
Portland, ME 04102-3063 
Industry Health Care and Social Assistance
Administrator Wanda Pelkey
Net Plan Assets $2,510,000
Total Participants 1,000
Avg Account Balance $2,500

 Top 3 Funds in this 401k

1. John Hancock Funds II Lifestyle Balanced 20%
2. American Funds EuroPacific Growth 15%
3. John Hancock Funds II Mid Cap Stock 13%

  Plan Service Providers

Insurance Carrier John Hancock
Auditor Berry Dunn Mcneil & Parker
Corporate Trustee John Hancock
Insurance Advisor/Broker Commonwealth Financial Network

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