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Company:
First Mid-Illinois Bancshares, Inc.
Plan:
First Mid-Illinois Bancshares, Inc. 401k Profit Sharing Plan & Trust
 

First Mid-Illinois Bancshares, Inc.

63 Plan: First Mid-Illinois Bancshares, Inc. 401k Profit Sharing Plan & Trust

 
 
63
22
67
87
0
10
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100
For the average 401k participant, the 24 point difference between this plan's BrightScope Rating (63) and the top rated plan (87) could equate to:
[How is this calculated?]
13 additional years of work
Up to $101,100 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

First Mid-Illinois Bancshares, Inc. 401k Profit Sharing Plan & Trust is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 63. This plan is in the top 15% of plans for Participation Rate and Total Plan Cost. First Mid-Illinois Bancshares, Inc. 401k Profit Sharing Plan & Trust currently has over 500 active participants and over $29.6M in plan assets.

 

 
Plan Component Ratings

 Retirement Plan Details

Address 1515 Charleston Avenue
Mattoon, IL 61938-3932 
Industry Commercial Banking
Administrator Kelly Downs
Net Plan Assets $29,600,000
Total Participants 550
Avg Account Balance $54,000

 Compare Other Companies in Peer Group

Bankers Trust Company 75.1
Stockman Financial 71.4
Austin Bank, Texas, N.A. 69.4
Frandsen Financial 65.3
Community Bancshares of Mississippi 55.0
West Suburban Bank 53.7

 Top 3 Funds in this 401k

1. First Mid-Illinois Bancshares, Inc. 18%
2. Total Certificates of Deposit 16%
3. T. Rowe Price Mid-Cap Value 9%

  Plan Service Provider

Auditor Bkd, LLP

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