Community Shores Bank Corporation
56
Plan:
Community Shores Bank 401k Plan
17
63
87
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 31 point difference between this plan's BrightScope Rating (56) and the top rated plan (87) could equate to:
[How is this calculated?]
[How is this calculated?]
16 additional years of work Up to $133,300 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
Community Shores Bank 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 56. This plan is in the top 15% of plans for Investment Menu Quality. Community Shores Bank 401k Plan currently has fewer than 100 active participants and over $2.2M in plan assets.
Retirement Plan Details
| Address |
1030 W Norton Ave
Muskegon, MI 49441-4108 |
| Industry | Commercial Banking |
| Administrator | Tracey Welsh |
| Net Plan Assets | $2,160,000 |
| Total Participants | 96 |
| Avg Account Balance | $22,000 |
Compare Other Companies in Peer Group
| Jacksonville Bancorp | 67.2 |
| OneUnited Bank | 61.4 |
| First Federal of Northern Michigan | 57.9 |
| Bank of the Carolinas | 57.8 |
| Federal Trust Bank | 56.4 |
| First Commercial Bank of Florida | 53.3 |
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