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Company:
Park Bank
Plan:
Park Bank 401k Plan
 

Park Bank

66 Plan: Park Bank 401k Plan

 
 
66
29
63
79
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 13 point difference between this plan's BrightScope Rating (66) and the top rated plan (79) could equate to:
[How is this calculated?]
5 additional years of work
Up to $136,000 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

Park Bank 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 66. Park Bank 401k Plan currently has over 200 active participants and over $8.7M in plan assets.

 

 Investment Menu Statistics

No. of Investment Options
65
Plan Average: 24
Top 3 Funds in this 401k
1. John Hancock Funds II Lifestyle Growth 35%
2. John Hancock Funds II Lifestyle Aggressive 17%
3. John Hancock Funds II Lifestyle Balanced 11%

 
Plan Component Ratings

 Retirement Plan Details

Address P. O. Box 8969
Madison, WI 53713-8969 
Industry Commercial Banking
Administrator Robert H Laux
Net Plan Assets $8,680,000
Total Participants 220
Avg Account Balance $49,000

 Compare Other Companies in Peer Group

The Bank of Clarke County 74.1
Alliance Bank 69.3
Midwest BankCentre 68.7
Androscoggin Savings Bank 67.9
First Security Bank 58.1
Landmark Bancorp 58.0

  Plan Service Providers

Insurance Carrier John Hancock
Insurance Advisor/Broker Walnut Street Securities
Insurance Advisor/Broker Kelly Financial, Inc.
Insurance Advisor/Broker Valmark Securities, Inc.
Auditor Meicher & Associates

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