First Mid-Illinois Bancshares, Inc.
68
Plan:
First Mid-Illinois Bancshares, Inc. 401k Profit Sharing Plan & Trust
68
29
65
85
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 17 point difference between this plan's BrightScope Rating (68) and the top rated plan (85) could equate to:
[How is this calculated?]
9 additional years of work
Up to $118,200 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.
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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 68. This plan is in the top 35% of plans for Account Balances, Company Generosity, Participation Rate, and Total Plan Cost. First Mid-Illinois Bancshares, Inc. 401k Profit Sharing Plan & Trust currently has over 500 active participants and over $30.8M in plan assets.
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