East Boston Savings Bank
71
Plan:
23
65
80
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 9 point difference between this plan's BrightScope Rating (71) and the top rated plan (80) could equate to:
[How is this calculated?]
[How is this calculated?]
5 additional years of workThe 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
East Boston Savings Bank 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 71, placing it in the top 15% of all plans in its peer group. This plan is also in the top 35% of plans for Company Generosity and Participation Rate. East Boston Savings Bank 401k Plan currently has over 200 active participants and over $11.2M in plan assets.
Retirement Plan Details
| Address |
67 Prospect Street
Peabody, MA 01960 |
| Industry | Savings Institutions |
| Administrator | Eric Heath |
| Net Plan Assets | $11,200,000 |
| Total Participants | 270 |
| Avg Account Balance | $42,000 |
Compare Other Companies in Peer Group
| Bristol County Savings Bank | 75.3 |
| Country Bank for Savings | 73.7 |
| Kearny Federal Savings Bank | 70.1 |
| Mascoma Savings Bank | 69.8 |
| Riverview Bancorp | 67.8 |
| The Farmers & Merchants State Bank | 63.9 |
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