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Company:
The First National Bank of Palmerton
Plan:
The First National Bank of Palmerton Profit Sharing Retirement Plan
 

The First National Bank of Palmerton

63 Plan: The First National Bank of Palmerton Profit Sharing Retirement Plan

 
 
63
36
65
83
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 20 point difference between this plan's BrightScope Rating (63) and the top rated plan (83) could equate to:
[How is this calculated?]
10 additional years of work
Up to $119,700 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

The First National Bank of Palmerton Profit Sharing Retirement Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 63. This plan is in the top 15% of plans for Investment Menu Quality. The First National Bank of Palmerton Profit Sharing Retirement Plan currently has over 100 active participants and over $7.6M in plan assets.

 

 Retirement Plan Details

Address Po Box 217
Palmerton, PA 18071-0217 
Industry Commercial Banking
Administrator Michael De Paulo
Net Plan Assets $7,550,000
Total Participants 150
Avg Account Balance $50,000

 Top 3 Funds in this 401k

1. American Funds Growth Fund of America 22%
2. American Funds Washington Mutual 13%
3. American Funds Income Fund of America 12%

  Plan Service Provider

Auditor Robert Rossi and Co.

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