Horizon Bancorp
61
Plan:
28
65
86
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 (61) and the top rated plan (86) could equate to:
[How is this calculated?]
[How is this calculated?]
12 additional years of work Up to $169,500 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
Horizon Bancorp Employees' Thrift Plan is a defined contribution plan with a profit-sharing component, stock bonus component, 401k feature, and ESOP component. This plan has a BrightScope Rating of 61. Horizon Bancorp Employees' Thrift Plan currently has over 300 active participants and over $9.8M in plan assets.
Retirement Plan Details
| Address |
515 Franklin Square
Michigan City, IN 46360-3328 |
| Industry | Offices of Bank Holding Companies |
| Administrator | Mark Secor |
| Net Plan Assets | $9,760,000 |
| Total Participants | 330 |
| Avg Account Balance | $30,000 |
Compare Other Companies in Peer Group
| First Financial Service | 70.1 |
| Liberty Bank FSB | 67.0 |
| Centrue Financial | 65.6 |
| MMC Holding of Brooklyn | 61.3 |
| Ohnward Bancshares | 60.5 |
| Beacon Industrial Group, LLC | 55.9 |
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