First Federal Savings Bank
64
Plan:
First Federal Savings Bank Salary Savings 401k Plan
10
66
85
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 (64) and the top rated plan (85) could equate to:
[How is this calculated?]
[How is this calculated?]
11 additional years of work Up to $98,700 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 Federal Savings Bank Salary Savings 401k 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 35% of plans for Account Balances, Company Generosity, and Participation Rate. First Federal Savings Bank Salary Savings 401k Plan currently has over 100 active participants and over $9.7M in plan assets.
Retirement Plan Details
| Address |
633 La Salle St
Ottawa, IL 61350-2931 |
| Industry | Commercial Banking |
| Administrator | Lawrence E Bartman |
| Net Plan Assets | $9,720,000 |
| Total Participants | 130 |
| Avg Account Balance | $73,000 |
Compare Other Companies in Peer Group
| First National Bank in Howell | 74.5 |
| Mega International Commercial Bank... | 73.9 |
| The Bank of Glen Burnie | 71.4 |
| MidAmerica National Bank | 71.3 |
| Carrollton Bank | 71.1 |
| Great Southern Capital | 60.2 |
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