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Company:
American Central Bancorporation Inc.
Plan:
American Central Bancorporation 401k Profit Sharing Plan
 

American Central Bancorporation Inc.

63 Plan: American Central Bancorporation 401k Profit Sharing Plan

 
 
63
29
64
89
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 26 point difference between this plan's BrightScope Rating (63) and the top rated plan (89) could equate to:
[How is this calculated?]
16 additional years of work
Up to $157,600 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

American Central Bancorporation 401k Profit Sharing Plan 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 35% of plans for Account Balances, Participation Rate, and Total Plan Cost. American Central Bancorporation 401k Profit Sharing Plan currently has over 100 active participants and over $8.3M in plan assets.

 

 Investment Menu Statistics

No. of Investment Options
24
Plan Average: 24
Top 3 Funds in this 401k
1. Total Certificates of Deposit 79%
2. Minnesota Life Large Equity Index I 3%
3. Minnesota Life Guaranteed Investment Contract 2%

 Retirement Plan Details

Address 3300 Hedley Road
Springfield, IL 62711 
Industry Commercial Banking
Administrator John D. Vaughn
Net Plan Assets $8,310,000
Total Participants 180
Avg Account Balance $51,000

  Plan Service Providers

Insurance Carrier Minnesota Life
Insurance Advisor/Broker Stanton K. Travelstead
Auditor Estes, Bridgewater & Ogden

 Comments