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Company:
Hills Bank & Trust Company
Plan:
Hills Bank & Trust Employee Stock Ownership Plan
 

Hills Bank & Trust Company

63 Plan:

 
 
63
22
66
83
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 20 point difference between this plan's BrightScope Rating (63) and the top rated plan (83) could equate to:
[How is this calculated?]
10 additional years of work
Up to $69,600 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

Hills Bank & Trust Employee Stock Ownership Plan is a defined contribution plan with a profit-sharing component and ESOP component. This plan has a BrightScope Rating of 63. This plan is in the top 15% of plans for Company Generosity and Total Plan Cost. Hills Bank & Trust Employee Stock Ownership Plan currently has over 400 active participants and over $31.0M in plan assets.

 

 Retirement Plan Details

Address 2771 Oakdale Blvd Unit 4
Coralville, IA 52241-9928 
Industry Commercial Banking
Administrator Charles W. Hippee
Net Plan Assets $31,000,000
Total Participants 440
Avg Account Balance $71,000

 Top 3 Funds in this 401k

1. Hills Bancorporation 83%
2. Federated Government Obligations Money Market 6%
3. Total US Government Securities 2%

  Plan Service Providers

Administration Hills Bank & Trust
Legal Counsel Katten Muchin Rosenman, LLP
Auditor Bohr, Dahm, Greif & Associates, Pc

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