Horizon Bancorp
47
Plan:
47
9
67
89
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 42 point difference between this plan's BrightScope Rating (47) and the top rated plan (89) could equate to:
[How is this calculated?]
19 additional years of work
Up to $133,500 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.
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Retirement Plan Description
Horizon Bancorp Employee Stock Ownership Plan is a defined contribution plan with a stock bonus component and ESOP component. This plan has a BrightScope Rating of 47. This plan is in the top 15% of plans for Participation Rate and Total Plan Cost. Horizon Bancorp Employee Stock Ownership Plan currently has over 300 active participants and over $10.2M in plan assets.
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