Essential Federal Credit Union 401(k) Profit Sharing Plan

Wealthminder's Take

Essential Federal Credit Union 401(k) Profit Sharing Plan at Essential Federal Cu in the Finance and Insurance industry has an unknown number of investment options, and a total of $2,356,575.00 in assets. With 116 participants, the Essential Federal Credit Union 401(k) Profit Sharing Plan has an average balance per participant of $20,315.30.

Plan Ratings
Compared to other Finance and Insurance plans
Wealthminder Rating
5
41
Your Plan
90

The Wealthminder rating is a quantitative scoring of 401k plans based on information submitted in regulatory filing documents. The rating was developed by Wealthminder and benchmarks a company's 401k plan against other plans in its industry peer group.

Wealthminder designed the rating to help employees to evaluate the relative quality of their employer's 401k plan, as well as for administrators to identify areas where they can make improvements.

Component Rating
Score
Total Plan Cost
18
Company Match Level
89
Employee Participation Rate
56
Employee Contribution Level
23
Average Balance Size
7
Essential Federal Cu Details
Address
21925 Highway 1
Plaquemine, LA 70764-5132
Telephone
225-353-8238
Total Assets
$2,356,575.00
Filing Year
2,015
Plan Type
Single Employer
Total Participants
116
Plan Investment Options
This information is not available for this plan
Service Providers
This information is not available for this plan
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