Overview

Plan Rating

BrightScope Rating
87
Lowest Rating in Peer Group
Average Rating in Peer Group
Highest Rating in Peer Group
0102030405060708090100
Lowest in Peer Group (34)
Average in Peer Group (76)
Highest in Peer Group (90)

Plan Description

Federal National Mortgage Association Retirement Savings Plan for Employees is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 87, placing it in the top 15% of all plans in its peer group. This plan is also in the top 15% of plans for Account Balances, Company Generosity, Participation Rate, Salary Deferral, and Total Plan Cost. Federal National Mortgage Association Retirement Savings Plan for Employees currently has over 10,500 active participants and over $1.6B in plan assets.

Did you know?

For the average 401k participant, the 3 point difference between this plan's BrightScope Rating (87) and the top rated plan (90) could equate to:
4
Additional years of work
*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. How is this calculated?

Plan Details

Plan Details Relevant details about the plan and the plan sponsor, including the address and industry of the plan sponsor and the size of the plan in assets and participants.

 
Plan data accurate as of 12/31/2014
Plan data has been audited by an Independent Qualified Public Accountant (IQPA).
Address 3900 Wisconsin Avenue, Nw
  • Location
    Washington , DC
  • 20016
  • Industry
    Secondary Market Financing
  • Administrator
    Gregory Fink
  • Sponsor
    Brian Mcquaid
  • Net Plan Assets
    $1,600,000,000
  • Total Participants
    11,000
  • Avg Account Balance
    $150,000

Plan Components

Component Ratings

Design

Total Plan Cost:
Lowest Fees
Company Generosity:
Great

Performance

Participation Rate:
Great
Salary Deferrals:
Great
Account Balance:
Great

Design

Total Plan Cost:
Average Fees
Company Generosity:
Great

Performance

Participation Rate:
Great
Salary Deferrals:
Great
Account Balance:
Above Average

Peer Group Plans

Company Rating
Visa 85.3
Barclays Bank PLC 82.3
MUFG Union Bank, N.A. 81.0
The Northern Trust Company 79.1
Ally Financial 78.8
KeyCorp 76.8
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Investments

Investment Menu Stats

# of Investment Options

33

(Plan Average: 20)

Largest Funds in this Plan Allocation of Assets 1 YR Rank in Category
Vanguard Institutional Index 20%
4%
Vanguard Total International Stock Index 11%
15%
Vanguard Total Bond Market Index 10%
34%
Fund hidden
100%
Fund hidden
100%
Fund hidden
100%
Fund hidden
100%
View all funds in this plan

Providers

Plan Service Providers

SERVICE PROVIDER
Investment Adviser
Financial Engines
Recordkeeper
Fidelity
Auditor
J.H. Cohn