Home Loan & Investment Bank
59
Plan:
Home Loan & Investment Association 401k Profit Sharing Plan
17
67
87
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 28 point difference between this plan's BrightScope Rating (59) and the top rated plan (87) could equate to:
[How is this calculated?]
[How is this calculated?]
15 additional years of work Up to $120,800 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
Home Loan & Investment Association 401k Profit Sharing Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 59. This plan is in the top 15% of plans for Total Plan Cost. Home Loan & Investment Association 401k Profit Sharing Plan currently has over 100 active participants and over $9.3M in plan assets.
Retirement Plan Details
| Address |
1 Home Loan Plaza
Warwick, RI 02886 |
| Industry | Savings Institutions |
| Administrator | Peter Lachapelle |
| Net Plan Assets | $9,310,000 |
| Total Participants | 160 |
| Avg Account Balance | $60,000 |
Compare Other Companies in Peer Group
| Connecticut Mutual Holding Company | 76.1 |
| Coast Central Credit Union | 75.0 |
| Fullerton Community Bank | 73.7 |
| Savings Bank of Danbury | 69.0 |
| Northfield Bank | 65.5 |
| First Palmetto Savings Bank | 45.3 |
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