Home  >   401k Directory   >   Finlayson Bancshares, Inc.
 
Company:
Finlayson Bancshares, Inc.
Plan:
Finlayson Bancshares, Inc. ESOP with 401k Provisions
 

Finlayson Bancshares, Inc.

69 Plan: Finlayson Bancshares, Inc. ESOP with 401k Provisions

 
 
69
22
66
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?]
10 additional years of work
Up to $79,200 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

Finlayson Bancshares, Inc. ESOP with 401k Provisions is a defined contribution plan with a ESOP component. This plan has a BrightScope Rating of 69. This plan is in the top 15% of plans for Investment Menu Quality. Finlayson Bancshares, Inc. ESOP with 401k Provisions currently has over 100 active participants and over $5.0M in plan assets.

 

 Retirement Plan Details

Address 2203 Finland Avenue
Finlayson, MN 55735 
Industry Commercial Banking
Administrator Bruce Pogatchnik
Net Plan Assets $5,000,000
Total Participants 130
Avg Account Balance $40,000

 Compare Other Companies in Peer Group

Kansas State Bank 69.5
The Dime Bank 66.9
First Bank Financial Centre 64.7
OneUnited Bank 64.5
Citizens Bancshares 63.5
North State Bancorp 52.5

 Top 3 Funds in this 401k

1. Finlayson Bancshares, Inc. Common Stock 67%
2. John Hancock Funds II Lifestyle Balanced 6%
3. John Hancock Funds II Lifestyle Growth 4%

  Plan Service Providers

Insurance Carrier John Hancock
Insurance Advisor/Broker Woodbury Financial Services, Inc.
Recordkeeper John Hancock
Auditor Eide Bailly LLP

 Comments