Home  >   401k Directory   >   DeMotte State Bank
 
Company:
DeMotte State Bank
Plan:
DeMotte State Bank Employee Profit Sharing Plan
 

DeMotte State Bank

44 Plan: DeMotte State Bank Employee Profit Sharing Plan

 
 
44
29
63
89
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 45 point difference between this plan's BrightScope Rating (44) and the top rated plan (89) could equate to:
[How is this calculated?]
23 additional years of work
Up to $296,600 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

DeMotte State Bank Employee Profit Sharing Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 44. This plan is in the top 35% of plans for Participation Rate. DeMotte State Bank Employee Profit Sharing Plan currently has over 100 active participants and over $5.9M in plan assets.

 

 Investment Menu Statistics

No. of Investment Options
32
Plan Average: 24
Top 3 Funds in this 401k
1. Total Certificates of Deposit 25%
2. Total Annuity Contracts 18%
3. PIMCO Total Return 7%

 Retirement Plan Details

Address 210 S. Halleck Street
Demotte, IN 46310 
Industry Commercial Banking
Administrator Donald E. Goetz
Net Plan Assets $5,950,000
Total Participants 130
Avg Account Balance $48,000

  Plan Service Providers

Insurance Carrier John Hancock
Insurance Advisor/Broker CG Risk Management, LLC
Insurance Advisor/Broker CliftonLarsonAllen LLP
Recordkeeper John Hancock
Recordkeeper CliftonLarsonAllen LLP
Auditor Blue & Co. LLC

 Comments