First Eastern Bankshares Corporation
63
Plan:
First Eastern Bankshares Corporation 401k Retirement Plan
23
62
88
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 (63) and the top rated plan (88) could equate to:
[How is this calculated?]
[How is this calculated?]
12 additional years of work Up to $184,600 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
First Eastern Bankshares Corporation 401k Retirement Plan is a defined contribution plan with a 401k feature. This plan has a BrightScope Rating of 63. This plan is in the top 35% of plans for Salary Deferral. First Eastern Bankshares Corporation 401k Retirement Plan currently has over 100 active participants and over $4.6M in plan assets.
Retirement Plan Details
| Address |
100 Brickstone Square
Andover, MA 01810 |
| Industry | Real Estate Credit |
| Administrator | Chris Kreidermacher |
| Net Plan Assets | $4,570,000 |
| Total Participants | 150 |
| Avg Account Balance | $31,000 |
Compare Other Companies in Peer Group
| NewStar Financial | 87.3 |
| Tygris Commercial Finance Group | 83.8 |
| First Mortgage Company | 65.8 |
| Mortgage Investors Group | 54.6 |
| Legacy Group Holdings | 46.9 |
| Investors Title Company | 44.6 |
Comments