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Company:
First Place Financial Corporation
Plan:
First Place Bank 401k Savings Plan
 

First Place Financial Corporation

63 Plan:

 
 
63
41
66
80
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 17 point difference between this plan's BrightScope Rating (63) and the top rated plan (80) could equate to:
[How is this calculated?]
7 additional years of work
Up to $141,600 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 Place Bank 401k Savings 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 35% of plans for Total Plan Cost. First Place Bank 401k Savings Plan currently has over 1,000 active participants and over $22.2M in plan assets.

 

 Retirement Plan Details

Address Po Box 551
Warren, OH 44482-0551 
Industry Savings Institutions
Administrator Joanne Harrold Noble
Net Plan Assets $22,200,000
Total Participants 1,000
Avg Account Balance $22,000

 Top 3 Funds in this 401k

1. MetLife Guaranteed Investment Contract 13%
2. Loomis Sayles Bond 10%
3. MFS Value 9%

  Plan Service Providers

Recordkeeper American Pension Benefits, Inc.
Auditor Packer Thomas

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