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Company:
First United Bank
Plan:
First United Bank Employees' 401k Plan
 

First United Bank

56 Plan: First United Bank Employees' 401k Plan

 
 
56
22
66
87
0
10
20
30
40
50
60
70
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100
For the average 401k participant, the 31 point difference between this plan's BrightScope Rating (56) and the top rated plan (87) could equate to:
[How is this calculated?]
16 additional years of work
Up to $228,700 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

First United Bank Employees' 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 56. This plan is in the top 35% of plans for Total Plan Cost. First United Bank Employees' 401k Plan currently has fewer than 100 active participants and over $2.0M in plan assets.

 

 Retirement Plan Details

Address 700 Exchange Street
Crete, IL 60417 
Industry Commercial Banking
Administrator Mary Kate Teske
Sponsor Michael Kazmierczak
Net Plan Assets $1,970,000
Total Participants 99
Avg Account Balance $20,000

 Top 3 Funds in this 401k

1. American Funds Money Market 31%
2. American Funds Growth Fund of America 13%
3. American Funds Bond Fund of America 10%

  Plan Service Provider

Auditor Wolf & Company, P.C.

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