Hometown Bank, N.A.
57
Plan:
Hometown Bank 401k Retirement Plan
30
62
75
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 (57) and the top rated plan (75) could equate to:
[How is this calculated?]
[How is this calculated?]
8 additional years of work Up to $106,500 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
Hometown Bank 401k Retirement Plan is a defined contribution plan with a profit-sharing component, 401k feature, and ESOP component. This plan has a BrightScope Rating of 57. This plan is in the top 35% of plans for Investment Menu Quality and Participation Rate. Hometown Bank 401k Retirement Plan currently has over 100 active participants and over $3.0M in plan assets.
Retirement Plan Details
| Address |
Po Box 797
Carthage, MO 64836-0797 |
| Industry | Commercial Banking |
| Administrator | Lonnie W. Heckmaster |
| Sponsor | Randy D. Frost |
| Net Plan Assets | $3,030,000 |
| Total Participants | 140 |
| Avg Account Balance | $22,000 |
Compare Other Companies in Peer Group
| Midstate Bancorp | 75.5 |
| Marathon National Bank of NY | 65.8 |
| TransAtlantic Bank | 61.8 |
| Ogden Bancshares | 60.6 |
| Maries County Bancorp | 58.9 |
| Fidelity Bank & Trust | 30.2 |
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