First Midwest Bancorp, Inc.
67
Plan:
First Midwest Bancorp, Inc. Savings and Profit Sharing Plan
22
70
88
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 (67) and the top rated plan (88) could equate to:
[How is this calculated?]
[How is this calculated?]
12 additional years of work Up to $136,000 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 Midwest Bancorp, Inc. Savings and Profit Sharing Plan is a defined contribution plan with a profit-sharing component, 401k feature, and ESOP component. This plan has a BrightScope Rating of 67. This plan is in the top 15% of plans for Total Plan Cost. First Midwest Bancorp, Inc. Savings and Profit Sharing Plan currently has over 2,100 active participants and over $120.8M in plan assets.
Retirement Plan Details
| Address |
One Pierce Place, Suite 1500
Itasca, IL 60143 |
| Industry | Commercial Banking |
| Administrator | Vera Fuller |
| Sponsor | Kristine Bechtel |
| Net Plan Assets | $121,000,000 |
| Total Participants | 2,100 |
| Avg Account Balance | $57,000 |
Compare Other Companies in Peer Group
| First Interstate BancSystem | 72.4 |
| Wintrust Financial | 72.3 |
| Whitney Holding | 70.2 |
| First Commonwealth Financial | 61.9 |
| Citizens Republic Bancorp | 60.1 |
| Popular, Inc. U.S.A. | 58.3 |
Comments