The First National Bank of Hutchinson
65
Plan:
The First National Bank of Hutchinson Profit Sharing and 401k Plan
22
66
87
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 22 point difference between this plan's BrightScope Rating (65) and the top rated plan (87) could equate to:
[How is this calculated?]
[How is this calculated?]
12 additional years of work Up to $101,400 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
The First National Bank of Hutchinson Profit Sharing and 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 65. This plan is in the top 15% of plans for Account Balances, Participation Rate, and Total Plan Cost. The First National Bank of Hutchinson Profit Sharing and 401k Plan currently has over 200 active participants and over $25.1M in plan assets.
Retirement Plan Details
| Address |
Po Box 913
Hutchinson, KS 67504-0913 |
| Industry | Commercial Banking |
| Administrator | Lee Anne Thompson |
| Net Plan Assets | $25,100,000 |
| Total Participants | 240 |
| Avg Account Balance | $110,000 |
Compare Other Companies in Peer Group
| Sumitomo Trust & Banking Co., USA | 80.1 |
| Mid Illinois Bancorp | 72.5 |
| American Trust & Savings Bank | 70.4 |
| Waukesha State Bank | 66.0 |
| Community Financial Services | 64.7 |
| First Farmers & Merchants Bank | 52.0 |
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