Mesaba Bancshares, Inc.
62
Plan:
Mesaba Bancshares, Inc. 401k Profit Sharing Plan
28
64
86
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 24 point difference between this plan's BrightScope Rating (62) and the top rated plan (86) could equate to:
[How is this calculated?]
[How is this calculated?]
13 additional years of work Up to $118,800 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
Mesaba Bancshares, Inc. 401k Profit Sharing Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 62. Mesaba Bancshares, Inc. 401k Profit Sharing Plan currently has over 200 active participants and over $6.8M in plan assets.
Retirement Plan Details
| Address |
572 Fifth Avenue
Calumet, MN 55716 |
| Industry | Offices of Bank Holding Companies |
| Administrator | Scott Maki |
| Sponsor | Bryan Rude |
| Net Plan Assets | $6,750,000 |
| Total Participants | 240 |
| Avg Account Balance | $28,000 |
Compare Other Companies in Peer Group
| The Franchise Company U.S. | 67.1 |
| Summit Financial Group | 65.9 |
| Community Bank Shares of Indiana | 65.3 |
| Monroe Bancorp | 64.5 |
| Horizon Bank | 59.0 |
| Horizon Bancorp | 41.1 |
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