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Company:
The Bank of Edwardsville
Plan:
The Bank of Edwardsville Employees Profit Sharing Plan and Trust
 

The Bank of Edwardsville

70 Plan: The Bank of Edwardsville Employees Profit Sharing Plan and Trust

 
 
70
1
65
85
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 (70) and the top rated plan (85) could equate to:
[How is this calculated?]
8 additional years of work
Up to $140,100 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

The Bank of Edwardsville Employees Profit Sharing Plan and Trust is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 70. This plan is in the top 35% of plans for Account Balances, Company Generosity, Investment Menu Quality, and Participation Rate. The Bank of Edwardsville Employees Profit Sharing Plan and Trust currently has over 400 active participants and over $33.8M in plan assets.

 

 Investment Menu Statistics

No. of Investment Options
23
Plan Average: 24
Top 3 Funds in this 401k
1. Total Common Stocks 46%
2. Total Municipal Bonds 15%
3. Total Corporate Bonds 7%

 Retirement Plan Details

Address 330 West Vandalia
Edwardsville, IL 62025 
Industry Commercial Banking
Administrator Danielle Smith
Net Plan Assets $33,800,000
Total Participants 480
Avg Account Balance $75,000

  Plan Service Providers

Recordkeeper EPIC Advisors, Inc.
Auditor Scheffel & Company

 Comments