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Company:
The Park National Corporation
Plan:
The Park National Corporation Employees Stock Ownership Plan
 

The Park National Corporation

65 Plan: The Park National Corporation Employees Stock Ownership Plan

 
 
65
39
73
91
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 26 point difference between this plan's BrightScope Rating (65) and the top rated plan (91) could equate to:
[How is this calculated?]
15 additional years of work
Up to $210,800 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 Park National Corporation Employees Stock Ownership Plan is a defined contribution plan with a 401k feature and ESOP component. This plan has a BrightScope Rating of 65. This plan is in the top 15% of plans for Total Plan Cost. The Park National Corporation Employees Stock Ownership Plan currently has over 2,200 active participants and over $103.0M in plan assets.


 Investment Menu Statistics

No. of Investment Options
10
Plan Average: 20
Largest Funds in this 401k: based on % allocation of assets
1. Park National Corporation Common Stock 72%
2. Vanguard Institutional Index 7%
3. Vanguard Balanced Index 3%

 Retirement Plan Details

Address 50 North Third Street
Newark, OH 43055 
Industry Commercial Banking
Administrator Laura Lewis
Sponsor Brady Burt
Net Plan Assets $103,000,000
Total Participants 2,200
Avg Account Balance $58,000

  Plan Service Provider

Auditor Crowe Horwath LLP