The Farmers & Merchants State Bank
64
Plan:
The Farmers & Merchants State Bank 401k Profit Sharing Retirement Plan
23
65
80
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 16 point difference between this plan's BrightScope Rating (64) and the top rated plan (80) could equate to:
[How is this calculated?]
[How is this calculated?]
8 additional years of work Up to $47,500 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 Farmers & Merchants State Bank 401k Profit Sharing Retirement Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 64. This plan is in the top 15% of plans for Participation Rate and Total Plan Cost. The Farmers & Merchants State Bank 401k Profit Sharing Retirement Plan currently has over 200 active participants and over $11.2M in plan assets.
Retirement Plan Details
| Address |
307 N. Defiance Street
Archbold, OH 43502 |
| Industry | Savings Institutions |
| Administrator | Edward A. Leininger, Evp |
| Net Plan Assets | $11,200,000 |
| Total Participants | 260 |
| Avg Account Balance | $45,000 |
Compare Other Companies in Peer Group
| Bristol County Savings Bank | 75.3 |
| Country Bank for Savings | 73.7 |
| South Shore Savings Bank | 70.2 |
| Kearny Federal Savings Bank | 70.1 |
| Mascoma Savings Bank | 69.8 |
| Spencer Savings Bank SLA | 62.1 |
Comments