First Merchants Corporation
66
Plan:
22
66
87
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 21 point difference between this plan's BrightScope Rating (66) and the top rated plan (87) could equate to:
[How is this calculated?]
[How is this calculated?]
12 additional years of work Up to $153,100 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 Merchants Corporation Retirement Income and Savinngs Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 66. This plan is in the top 15% of plans for Total Plan Cost. First Merchants Corporation Retirement Income and Savinngs Plan currently has over 1,400 active participants and over $55.6M in plan assets.
Retirement Plan Details
| Address |
Attn Kim Ellington
200 E Jackson St Muncie, IN 47305-2800 |
| Industry | Commercial Banking |
| Administrator | Kim Ellington |
| Net Plan Assets | $55,600,000 |
| Total Participants | 1,400 |
| Avg Account Balance | $40,000 |
Compare Other Companies in Peer Group
| Rockland Trust Company | 73.4 |
| Renasant | 71.4 |
| Westamerica Bancorporation | 62.4 |
| WesBanco | 62.3 |
| Simmons First National | 51.0 |
| Carter Bank & Trust | 42.2 |
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