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Company:
Gate City Bank
Plan:
Gate City Bank Retirement Savings Plan
 

Gate City Bank

64 Plan: Gate City Bank Retirement Savings Plan

 
 
64
42
67
83
0
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For the average 401k participant, the 19 point difference between this plan's BrightScope Rating (64) and the top rated plan (83) could equate to:
[How is this calculated?]
10 additional years of work
Up to $91,000 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

Gate City Bank Retirement Savings Plan 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 15% of plans for Total Plan Cost. Gate City Bank Retirement Savings Plan currently has over 400 active participants and over $17.2M in plan assets.

 

 Retirement Plan Details

Address 500 2nd Ave N
Fargo, ND 58102 
Industry Savings Institutions
Administrator Kim Shuckhart
Net Plan Assets $17,200,000
Total Participants 420
Avg Account Balance $41,000

 Compare Other Companies in Peer Group

Oneida Savings Bank 69.1
OceanFirst Bank 68.1
Northwestern Bank 67.2
BankFinancial 67.0
CFS Bancorp 65.1
Pulaski Bank 64.0

 Top 3 Funds in this 401k

1. Fidelity Freedom 2020 17%
2. Fidelity Retirement Money Market 16%
3. Fidelity Freedom 2025 12%

  Plan Service Provider

Auditor Eide Bailly LLP

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