FAMILY SAVINGS FEDERAL CREDIT UNION 401(K) PLAN AND TRUST

Plan Contact

  • Address: 711 E MEIGHAN BLVD,GADSDEN,AL
  • Contact person: DEBBIE HUFF
  • Phone: (256) 543-9530

Plan General Information

FAMILY SAVINGS FEDERAL CREDIT UNION 401(K) PLAN AND TRUST Total Retirement Plan Assets

At the end of 2009, the total retirement plan assets of FAMILY SAVINGS FEDERAL CREDIT UNION 401(K) PLAN AND TRUST is $4,837,072.00.This plan was established in 1992.

FAMILY SAVINGS FEDERAL CREDIT UNION 401(K) PLAN AND TRUST Total Number of Retirement Plan Participants

At the end of 2009, the total number of retirement plan participants in FAMILY SAVINGS FEDERAL CREDIT UNION 401(K) PLAN AND TRUST is 134

FAMILY SAVINGS FEDERAL CREDIT UNION 401(K) PLAN AND TRUST Average Participant Retirement Account Value

In 2009, the average participant retirement account value for FAMILY SAVINGS FEDERAL CREDIT UNION 401(K) PLAN AND TRUST is $36,097.00

FAMILY SAVINGS FEDERAL CREDIT UNION 401(K) PLAN AND TRUST Estimated Average Employee Contribution Amount

In 2009, the estimated average employee contribution amount per participant for FAMILY SAVINGS FEDERAL CREDIT UNION 401(K) PLAN AND TRUST is $3,284.00.

FAMILY SAVINGS FEDERAL CREDIT UNION 401(K) PLAN AND TRUST Estimated Average Employer Match

In 2009, the estimated average employer match for an employee in FAMILY SAVINGS FEDERAL CREDIT UNION 401(K) PLAN AND TRUST is approximately $2,495.00
Investing in this additonal $2,495.00 for 20 years would give you extra $159,732.00, assuming a 10% annual return.

FAMILY SAVINGS FEDERAL CREDIT UNION 401(K) PLAN AND TRUST Total Employer Contribution and Match Rate

In 2009, FAMILY SAVINGS FEDERAL CREDIT UNION 401(K) PLAN AND TRUST allocates $334,439.00 to match its employees' contributions, providing an employer match rate of 151.96% of their contributions

FAMILY SAVINGS FEDERAL CREDIT UNION 401(K) PLAN AND TRUST Total Retirement Plan Asset Growth Rate

In 2009, the total retirement plan asset growth rate of FAMILY SAVINGS FEDERAL CREDIT UNION 401(K) PLAN AND TRUST is 20.56%.

FAMILY SAVINGS FEDERAL CREDIT UNION 401(K) PLAN AND TRUST Estimated Aggregate Retirement Account Investment Gain/Loss

In 2009, the estimated aggregate retirement account investment gain/loss for FAMILY SAVINGS FEDERAL CREDIT UNION 401(K) PLAN AND TRUST is 14.87%. This measures the effectiveness of the plan participants' investments in the year.

FAMILY SAVINGS FEDERAL CREDIT UNION 401(K) PLAN AND TRUST Expense Ratio

In 2009, the investment and administrative expense ratio of FAMILY SAVINGS FEDERAL CREDIT UNION 401(K) PLAN AND TRUST is 0.07%.

Enrollment Features

FAMILY SAVINGS FEDERAL CREDIT UNION 401(K) PLAN AND TRUST has the following features:
    Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.


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