Bank of Springfield
66
Plan:
Bank of Springfield 401k Profit Sharing Plan
30
62
75
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 (66) and the top rated plan (75) could equate to:
[How is this calculated?]
[How is this calculated?]
4 additional years of work Up to $77,900 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
Bank of Springfield 401k 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 Total Plan Cost. Bank of Springfield 401k Profit Sharing Plan currently has over 100 active participants and over $3.5M in plan assets.
Retirement Plan Details
| Address |
3400 Wabash Ave
Springfield, IL 62711-9487 |
| Industry | Commercial Banking |
| Administrator | Tom E.Marantz |
| Sponsor | Tom E. Marantz |
| Net Plan Assets | $3,490,000 |
| Total Participants | 150 |
| Avg Account Balance | $24,000 |
Compare Other Companies in Peer Group
| First National Bank | 69.2 |
| First Bank of Georgia | 63.2 |
| Herky Hawk Financial | 62.1 |
| Sussex Bancorp | 60.3 |
| Eastwood Financial | 59.8 |
| 1st National Bank of South Florida | 48.4 |
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