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Company:
First Busey Corporation
Plan:
First Busey Corporation Profit Sharing Plan and Trust
 

First Busey Corporation

69 Plan:

 
 
69
29
66
89
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 20 point difference between this plan's BrightScope Rating (69) and the top rated plan (89) could equate to:
[How is this calculated?]
11 additional years of work
Up to $179,100 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 Busey Corporation 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 69. This plan is in the top 35% of plans for Account Balances, Company Generosity, and Total Plan Cost. First Busey Corporation Profit Sharing Plan and Trust currently has over 1,100 active participants and over $66.2M in plan assets.

 

 Investment Menu Statistics

No. of Investment Options
20
Plan Average: 24
Top 3 Funds in this 401k
1. PIMCO Total Return 18%
2. MetLife Guaranteed Investment Contract 13%
3. American Funds Growth Fund of America 12%

 
Plan Component Ratings

 Retirement Plan Details

Address Busey Human Resources
Po Box 17430
Urbana, IL 61801 
Industry Commercial Banking
Administrator Lisa Davis
Net Plan Assets $66,200,000
Total Participants 1,100
Avg Account Balance $69,000

 Compare Other Companies in Peer Group

Boston Private Financial Holdings 79.7
Banco Santander S.A., New York Branch 77.1
Johnson Financial Group 73.2
Mercantil CommerceBank N.A. 68.2
Pacific Capital Bancorp 67.5
Bank of the Ozarks 55.1

  Plan Service Providers

Insurance Carrier MassMutual
Insurance Advisor/Broker David J. Downey
Recordkeeper Alliance Benefit Group
Administration Benefit Planning Consultants, Inc.
Corporate Trustee Busey Wealth Management
Auditor CliftonLarsonAllen LLP

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