No. of Recommendations: 0
Thanks for all the quick replies! Yes, it is a profit sharing plan. Credit unions are basically "non-profit" as I understand it, only holding working and expansion capital at the end of the year. The rest goes to employees in the form of this bonus, as well as lower interest rates on loans for members as well as lower fees. I guess 10 equity funds isn't so bad. There is representation of small/medium/large cap funds in both growth and value flavors, as well as a couple foreign funds and a REIT fund. No particular fund family, just a hodgepodge of Janus, Washington Mutual, Liberty, Templeton, Oppenheimer, etc.

Also good to know my 401k match is pretty standard. Thanks Fools!

Happy Turkey Day,

Print the post  


The Retirement Investing Board
This is the board for all discussions related to Investing for and during retirement. To keep the board relevant and Foolish to everyone, please avoid making any posts pertaining to political partisanship. Fool on and Retire on!
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.