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Company:
AMCORE Financial, Inc.
Plan:
AMCORE Financial Security Plan
 

AMCORE Financial, Inc.


 
 
71
39
66
84
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 13 point difference between this plan's BrightScope Rating (71) and the top rated plan (84) could equate to:
[How is this calculated?]
7 additional years of work
Up to $81,800 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

AMCORE Financial Security Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 71. This plan is in the top 35% of plans for Company Generosity, Participation Rate, and Total Plan Cost. AMCORE Financial Security Plan currently has over 1,500 active participants and over $52.0M in plan assets.


 Investment Menu Statistics

No. of Investment Options
16
Plan Average: 20
Largest Funds in this plan: based on % allocation of assets
1. American Funds Growth Fund of America 16%
2. Vanguard Total Stock Market Index 15%
3. AMCORE Stable Asset Fund 10%

 Retirement Plan Details

Address 200 S. Wacker Dr. Suite 3100
Chicago, IL 60606 
Industry Commercial Banking
Administrator Guy Francesconi
Net Plan Assets $52,000,000
Total Participants 1,600
Avg Account Balance $34,000

  Plan Service Provider

Auditor McGladrey Wealth Management LLC