Citizens Bancshares Company
67
Plan:
Citizens Bancshares Co. Retirement Benefit Plan
33
66
87
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 (67) and the top rated plan (87) could equate to:
[How is this calculated?]
[How is this calculated?]
11 additional years of work Up to $103,900 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
Citizens Bancshares Co. Retirement Benefit Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 67. This plan is in the top 15% of plans for Participation Rate and Total Plan Cost. Citizens Bancshares Co. Retirement Benefit Plan currently has over 300 active participants and over $16.6M in plan assets.
Retirement Plan Details
| Address |
515 Washington Street
Chillicothe, MO 64601 |
| Industry | Commercial Banking |
| Administrator | Beth Savage |
| Net Plan Assets | $16,600,000 |
| Total Participants | 380 |
| Avg Account Balance | $44,000 |
Compare Other Companies in Peer Group
| The National Bank of Indianapolis | 75.2 |
| Charter Companies | 69.6 |
| United Bank & Trust | 69.3 |
| F&M Bank & Trust Co. | 59.8 |
| First Financial Bank | 55.7 |
| First National Bank of Shelby | 50.5 |
Comments