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Company:
The First National Bank & Trust Company of Newtown
Plan:
First National Bank & Trust Company of Newtown Savings/Incentive Plan
 

The First National Bank & Trust Company of Newtown

71 Plan: First National Bank & Trust Company of Newtown Savings/Incentive Plan

 
 
71
17
65
87
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 16 point difference between this plan's BrightScope Rating (71) and the top rated plan (87) could equate to:
[How is this calculated?]
9 additional years of work
Up to $66,900 in lost retirement 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.

 

Retirement Plan Description

First National Bank & Trust Company of Newtown Savings/Incentive Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 71. This plan is in the top 35% of plans for Account Balances and Participation Rate. First National Bank & Trust Company of Newtown Savings/Incentive Plan currently has over 100 active participants and over $9.1M in plan assets.

 

 Retirement Plan Details

Address 40 South Street
Newtown, PA 18940 
Industry Commercial Banking
Administrator Jaclyn Parry Bogert
Sponsor John Parry
Net Plan Assets $9,140,000
Total Participants 170
Avg Account Balance $63,000

 Top 3 Funds in this 401k

1. Total Common Stocks 62%
2. Templeton Foreign 9%
3. Fidelity Contrafund 8%

  Plan Service Provider

Auditor S.R. Snodgrass, A.C.

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