The Bank of Glen Burnie
70
Plan:
The Bank of Glen Burnie 401k Profit Sharing Plan
17
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?]
[How is this calculated?]
10 additional years of work Up to $75,100 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 Bank of Glen Burnie 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 Company Generosity, Investment Menu Quality, and Participation Rate. The Bank of Glen Burnie 401k Profit Sharing Plan currently has over 100 active participants and over $9.6M in plan assets.
Retirement Plan Details
| Address |
106 Padfield Boulevard
Glen Burnie, MD 21061 |
| Industry | Commercial Banking |
| Administrator | Tracy L. Kurtz |
| Net Plan Assets | $9,610,000 |
| Total Participants | 140 |
| Avg Account Balance | $72,000 |
Compare Other Companies in Peer Group
| Carrollton Bank | 76.0 |
| Hilltop National Bank | 72.4 |
| Mega International Commercial Bank... | 71.9 |
| NBC Corporation of Oklahoma | 67.9 |
| First National Bank of Griffin | 60.4 |
| Eastwood Financial | 56.3 |
Comments