First National Bank
62
Plan:
First National Bank 401k Retirement and Savings Plan
17
63
87
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 25 point difference between this plan's BrightScope Rating (62) and the top rated plan (87) could equate to:
[How is this calculated?]
[How is this calculated?]
13 additional years of work Up to $105,100 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
First National Bank 401k Retirement and Savings Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 62. This plan is in the top 15% of plans for Investment Menu Quality. First National Bank 401k Retirement and Savings Plan currently has over 100 active participants and over $2.9M in plan assets.
Retirement Plan Details
| Address |
112 West Market Street
P. O. Box 57 Orrville, OH 44667-0057 |
| Industry | Commercial Banking |
| Administrator | Ellen Gerber |
| Net Plan Assets | $2,950,000 |
| Total Participants | 130 |
| Avg Account Balance | $24,000 |
Compare Other Companies in Peer Group
| Amtex Bancshares | 62.4 |
| OneUnited Bank | 61.4 |
| Peoples Bank of the Ozarks | 59.8 |
| The Bank of Delmarva | 58.0 |
| First United Bank | 57.0 |
| First Commercial Bank of Florida | 53.3 |
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