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Company:
First Atlantic Federal Credit Union
Plan:
First Atlantic Federal Credit Union 401k Savings Plan
 

First Atlantic Federal Credit Union

61 Plan: First Atlantic Federal Credit Union 401k Savings Plan

 
 
61
30
65
78
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 17 point difference between this plan's BrightScope Rating (61) and the top rated plan (78) could equate to:
[How is this calculated?]
7 additional years of work
Up to $111,500 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 Federal Credit Union 401k Savings 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 Total Plan Cost. First Atlantic Federal Credit Union 401k Savings Plan currently has fewer than 100 active participants and over $1.6M in plan assets.

 

 Retirement Plan Details

Address None
Eatontown, NJ 07724 
Industry Credit Unions
Administrator Kathy Heid
Net Plan Assets $1,580,000
Total Participants 92
Avg Account Balance $17,000

 Top 3 Funds in this 401k

1. Fidelity Freedom 2020 26%
2. Fidelity Freedom 2030 9%
3. Fidelity Freedom 2035 7%

  Plan Service Providers

Auditor The Cuchin Group, LLC
Insurance Carrier ING

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