The Park National Corporation
59
Plan:
The Park National Corporation Employees Stock Ownership Plan
41
67
87
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 28 point difference between this plan's BrightScope Rating (59) and the top rated plan (87) could equate to:
[How is this calculated?]
[How is this calculated?]
13 additional years of work Up to $157,100 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 59. This plan is in the top 15% of plans for Total Plan Cost. The Park National Corporation Employees Stock Ownership Plan currently has over 2,300 active participants and over $77.8M in plan assets.
Retirement Plan Details
| Address |
50 North Third Street
Newark, OH 43055 |
| Industry | Commercial Banking |
| Administrator | Laura Lewis |
| Sponsor | Brady Burt |
| Net Plan Assets | $77,800,000 |
| Total Participants | 2,300 |
| Avg Account Balance | $33,000 |
Compare Other Companies in Peer Group
| East West Bancorp | 71.3 |
| National Penn Bancshares | 65.1 |
| Prosperity Bancshares | 62.0 |
| Hancock Bank | 61.5 |
| Northwest Savings Bank | 61.1 |
| BancWest | 46.3 |
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