Educational Systems Federal Credit Union

56

Overview

Plan Rating

BrightScope Rating
56
Lowest Rating in Peer Group
Average Rating in Peer Group
Highest Rating in Peer Group
0102030405060708090100
Lowest in Peer Group (45)
Average in Peer Group (72)
Highest in Peer Group (84)

Plan Description

Educational Systems Federal Credit Union Money Purchase Plan is a defined contribution plan. This plan has a BrightScope Rating of 56. This plan is in the top 15% of plans for Company Generosity. Educational Systems Federal Credit Union Money Purchase Plan currently has over 200 active participants and over $7.8M in plan assets.

Did you know?

For the average 401k participant, the 28 point difference between this plan's BrightScope Rating (56) and the top rated plan (84) could equate to:
13
Additional years of work
230,655
Lost 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. 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 12/31/2018
Plan data has been audited by an Independent Qualified Public Accountant (IQPA).
Address Maryland Trade Center 1 7500 Greenway Center Dr., Ste 1400
  • Location
    Greenbelt , MD
  • 20770
  • Industry
    Credit Unions
  • Administrator
    Laura Eacho
  • Net Plan Assets
    $7,820,000
  • Total Participants
    210
  • Avg Account Balance
    $42,000

Plan Components

Component Ratings

Design

Total Plan Cost:
High Fees
Company Generosity:
Great

Performance

Participation Rate:
Average
Salary Deferrals:
Poor
Account Balance:
Average

Design

Total Plan Cost:
Average Fees
Company Generosity:
Great

Performance

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

Top Industry Articles

Investments

Investment Menu Stats

# of Investment Options

35

(Plan Average: 20)

Largest Funds in this Plan Allocation of Assets 1 YR Rank in Category
American Funds (Capital Group) Target Date Retirement 23%
2%
Lincoln Financial Stable Value 10%
N/A
MFS Moderate Allocation 10%
12%
Fund hidden
100%
Fund hidden
100%
Fund hidden
100%
Fund hidden
100%
View all funds in this plan

Providers

Plan Service Providers

SERVICE PROVIDER
Insurance Carrier
Lincoln Financial
Insurance Advisor/Broker
Lincoln Financial
Administration
Lincoln Financial
Auditor
Deleon & Stang

Articles and Questions

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