Heritage Bancshares Group, Inc.
69
Plan:
Heritage Bancshares Group, Inc. 401k Retirement Plan
22
65
87
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 18 point difference between this plan's BrightScope Rating (69) and the top rated plan (87) could equate to:
[How is this calculated?]
[How is this calculated?]
10 additional years of work Up to $101,000 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
Heritage Bancshares Group, Inc. 401k Retirement Plan 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 Investment Menu Quality and Participation Rate. Heritage Bancshares Group, Inc. 401k Retirement Plan currently has over 100 active participants and over $6.4M in plan assets.
Retirement Plan Details
| Address |
310 1st Street Sw
Box 1124 Willmar, MN 56201-1124 |
| Industry | Commercial Banking |
| Administrator | Vera Novak |
| Net Plan Assets | $6,430,000 |
| Total Participants | 150 |
| Avg Account Balance | $43,000 |
Compare Other Companies in Peer Group
| Golden Bank National Association | 74.3 |
| Crescent Financial | 71.4 |
| Kansas State Bank | 69.5 |
| Ameriana Bank | 67.6 |
| The Dime Bank | 66.9 |
| Union Bank | 60.9 |
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