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Company:
Fidelity Bank
Plan:
Fidelity Bank 401k Plan
 

Fidelity Bank

62 Plan: Fidelity Bank 401k Plan

 
 
62
17
63
81
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 19 point difference between this plan's BrightScope Rating (62) and the top rated plan (81) could equate to:
[How is this calculated?]
9 additional years of work
Up to $85,100 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

Fidelity Bank 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 62. Fidelity Bank 401k Plan currently has over 200 active participants and over $5.1M in plan assets.

 

 Retirement Plan Details

Address 1360 Porter Street Suite 200
Dearborn, MI 48124-2823 
Industry Commercial Banking
Administrator Jeffrey L Karafa
Net Plan Assets $5,090,000
Total Participants 220
Avg Account Balance $24,000

 Top 3 Funds in this 401k

1. American Funds Growth Fund of America 15%
2. MassMutual Guaranteed Interest Account 15%
3. MassMutual Select Strategic Bond 12%

  Plan Service Providers

Auditor Bkd, LLP
Insurance Advisor/Broker Mark A Karcher
Insurance Advisor/Broker Barbara J. Gill
Insurance Carrier MassMutual

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