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Company:
Middlesex Savings Bank
Plan:
Sbera 401k Plan As Adopted By Middlesex Savings Bank
 

Middlesex Savings Bank

75 Plan: Sbera 401k Plan As Adopted By Middlesex Savings Bank

 
 
75
39
66
80
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 5 point difference between this plan's BrightScope Rating (75) and the top rated plan (80) could equate to:
[How is this calculated?]
2 additional years of work
Up to $76,200 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

Sbera 401k Plan As Adopted By Middlesex Savings Bank is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 75, placing it in the top 15% of all plans in its peer group. This plan is also in the top 15% of plans for Total Plan Cost. Sbera 401k Plan As Adopted By Middlesex Savings Bank currently has over 700 active participants and over $31.7M in plan assets.

 

 Investment Menu Statistics

No. of Investment Options
2
Plan Average: 24
Top 2 Funds in this 401k
1. The Savings Banks Employees Retirement Association Common/Collective Trust 96%
2. Participant Loans 3%

 Retirement Plan Details

Address 6 Main Street
Natick, MA 01760 
Industry Savings Institutions
Administrator Thomas Forese Jr.
Net Plan Assets $31,700,000
Total Participants 710
Avg Account Balance $55,000

  Plan Service Provider

Auditor Parent Mclaughlin & Nangle

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