Home  >   401k Directory   >   First International Bank
 
Company:
First International Bank
Plan:
First International Bank & Trust 401k Profit Sharing Plan
 

First International Bank

70 Plan: First International Bank & Trust 401k Profit Sharing Plan

 
 
70
35
64
87
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 17 point difference between this plan's BrightScope Rating (70) and the top rated plan (87) could equate to:
[How is this calculated?]
10 additional years of work
Up to $28,800 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

First International Bank & Trust 401k Profit Sharing Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 70. This plan is in the top 15% of plans for Investment Menu Quality. First International Bank & Trust 401k Profit Sharing Plan currently has over 300 active participants and over $12.0M in plan assets.

 

 Retirement Plan Details

Address Po Box 607
Watford City, ND 58854 
Industry Commercial Banking
Administrator Stephen L. Stenehjem
Net Plan Assets $12,000,000
Total Participants 360
Avg Account Balance $35,000

 Top 3 Funds in this 401k

1. Total Common Stocks 22%
2. Vanguard 500 Index 10%
3. Total Certificates of Deposit 7%

  Plan Service Provider

Auditor Eide Bailly LLP

 Comments