Bangor Savings Bank
72
Plan:
Bangor Savings Bank 401k Plan and Trust Agreement
22
66
87
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 15 point difference between this plan's BrightScope Rating (72) and the top rated plan (87) could equate to:
[How is this calculated?]
[How is this calculated?]
9 additional years of work Up to $135,900 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
Bangor Savings Bank 401k Plan and Trust Agreement is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 72. This plan is in the top 15% of plans for Total Plan Cost. Bangor Savings Bank 401k Plan and Trust Agreement currently has over 700 active participants and over $35.5M in plan assets.
Retirement Plan Details
| Address |
99 Franklin St
3rd Floor Bangor, ME 04401 |
| Industry | Savings Institutions |
| Administrator | Robert Montgomery-Rice |
| Net Plan Assets | $35,500,000 |
| Total Participants | 790 |
| Avg Account Balance | $46,000 |
Compare Other Companies in Peer Group
| TFS Financial | 68.2 |
| Columbia Bank | 65.8 |
| The Provident Bank | 64.4 |
| Ridgewood Savings Bank | 64.1 |
| The Home Savings and Loan Company... | 60.8 |
| Dime Community Bancshares | 41.3 |
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