Cooperative Banks Employees Retirement Association
73
Plan:
Cooperative Banks Employees Retirement Association Plan A
22
68
87
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 14 point difference between this plan's BrightScope Rating (73) and the top rated plan (87) could equate to:
[How is this calculated?]
[How is this calculated?]
9 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
Cooperative Banks Employees Retirement Association Plan A is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 73. This plan is in the top 35% of plans for Account Balances, Company Generosity, Participation Rate, and Total Plan Cost. Cooperative Banks Employees Retirement Association Plan A currently has over 4,300 active participants and over $306.1M in plan assets.
Retirement Plan Details
| Address |
One Edgewater Drive
Norwood, MA 02062 |
| Industry | Other Depository Credit Intermediation |
| Administrator | G. Kevin Fox |
| Net Plan Assets | $306,000,000 |
| Total Participants | 4,300 |
| Avg Account Balance | $71,000 |
Compare Other Companies in Peer Group
| Brown Brothers Harriman & Co. | 76.6 |
| Webster Financial | 73.0 |
| First National of Nebraska | 72.7 |
| State Employees Credit Union | 71.8 |
| Chrysler Financial Services... | 60.4 |
| New York Community Bancorp | 46.0 |
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