First American Bank Corporation
67
Plan:
22
65
87
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 20 point difference between this plan's BrightScope Rating (67) and the top rated plan (87) could equate to:
[How is this calculated?]
[How is this calculated?]
11 additional years of work Up to $159,800 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 American Bank Corporation Profit Sharing Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 67. This plan is in the top 15% of plans for Account Balances and Total Plan Cost. First American Bank Corporation Profit Sharing Plan currently has over 600 active participants and over $57.6M in plan assets.
Retirement Plan Details
| Address |
700 Busse Road
Elk Grove Village, IL 60007-2137 |
| Industry | Commercial Banking |
| Administrator | Susan Berchiolli |
| Net Plan Assets | $57,600,000 |
| Total Participants | 650 |
| Avg Account Balance | $89,000 |
Compare Other Companies in Peer Group
| NCB | 78.6 |
| Sandy Spring Bancorp | 73.5 |
| BancPlus | 70.4 |
| Broadway Bancshares | 70.4 |
| Mercantil CommerceBank N.A. | 66.8 |
| Ocean Bank | 58.3 |
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