Foresight Financial Group, Inc.
66
Plan:
Foresight Financial Group, Inc. Employee Savings and Profit Sharing Plan
26
64
87
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 (66) and the top rated plan (87) could equate to:
[How is this calculated?]
[How is this calculated?]
12 additional years of work Up to $48,700 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
Foresight Financial Group, Inc. Employee Savings and Profit Sharing Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 66. This plan is in the top 35% of plans for Account Balances and Investment Menu Quality. Foresight Financial Group, Inc. Employee Savings and Profit Sharing Plan currently has over 200 active participants and over $10.4M in plan assets.
Retirement Plan Details
| Address |
3106 N Rockton Ave
Rockford, IL 61103-2837 |
| Industry | Commercial Banking |
| Administrator | Stephen Gaddis |
| Net Plan Assets | $10,400,000 |
| Total Participants | 240 |
| Avg Account Balance | $44,000 |
Compare Other Companies in Peer Group
| Heritage Commerce | 69.1 |
| C&F Financial | 67.4 |
| State Bancorp | 66.5 |
| IAB | 64.0 |
| Hawaii National Bank | 62.9 |
| Bank of Smithtown | 62.7 |
Comments