First Farmers Financial Corp.
63
Plan:
First Farmers Financial Corp. 401k Profit Sharing Plan
17
64
87
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 24 point difference between this plan's BrightScope Rating (63) and the top rated plan (87) could equate to:
[How is this calculated?]
[How is this calculated?]
13 additional years of work Up to $81,400 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 Farmers Financial Corp. 401k Profit Sharing 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. First Farmers Financial Corp. 401k Profit Sharing Plan currently has over 200 active participants and over $7.6M in plan assets.
Retirement Plan Details
| Address |
Po Box 690
123 N Jefferson Converse, IN 46919-0690 |
| Industry | Commercial Banking |
| Administrator | Keith Hill |
| Net Plan Assets | $7,620,000 |
| Total Participants | 240 |
| Avg Account Balance | $33,000 |
Compare Other Companies in Peer Group
| Central Bancshares | 67.2 |
| First National Bank of Olathe, Kansas | 64.0 |
| The Bank of the Pacific | 62.9 |
| First County Bank | 62.3 |
| First Columbia Bank & Trust Co. | 57.3 |
| National Bankshares | 41.7 |
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