Farmers State Bank
64
Plan:
Farmers State Bank Employees' 401k Profit Sharing Plan & Trust
22
66
87
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 23 point difference between this plan's BrightScope Rating (64) and the top rated plan (87) could equate to:
[How is this calculated?]
[How is this calculated?]
12 additional years of work Up to $125,300 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
Farmers State Bank Employees' 401k Profit Sharing Plan & Trust is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 64. This plan is in the top 35% of plans for Account Balances, Company Generosity, and Participation Rate. Farmers State Bank Employees' 401k Profit Sharing Plan & Trust currently has over 100 active participants and over $12.4M in plan assets.
Retirement Plan Details
| Address |
Po Box 569
Marion, IA 52302 |
| Industry | Commercial Banking |
| Administrator | Lorna M. Barnes |
| Sponsor | Douglas N. Neighbor |
| Net Plan Assets | $12,400,000 |
| Total Participants | 180 |
| Avg Account Balance | $73,000 |
Compare Other Companies in Peer Group
| The Governor and Company of the... | 82.7 |
| Bank of Scotland | 80.1 |
| Mega International Commercial Bank... | 73.7 |
| Citizens Bank | 67.1 |
| The National Bank & Trust Company... | 63.5 |
| Lincoln Bancorp | 60.1 |
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