Sandy Spring Bancorp, Inc.
74
Plan:
Sandy Spring Bancorp, Inc. Cash and Deferred Profit Sharing Plan
22
65
87
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 13 point difference between this plan's BrightScope Rating (74) and the top rated plan (87) could equate to:
[How is this calculated?]
[How is this calculated?]
8 additional years of work Up to $114,300 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
Sandy Spring Bancorp, Inc. Cash and Deferred Profit Sharing Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 74, placing it in the top 15% of all plans in its peer group. This plan is also in the top 35% of plans for Account Balances, Company Generosity, Salary Deferral, and Total Plan Cost. Sandy Spring Bancorp, Inc. Cash and Deferred Profit Sharing Plan currently has over 900 active participants and over $48.1M in plan assets.
Retirement Plan Details
| Address |
17801 Georgia Ave
Olney, MD 20832 |
| Industry | Commercial Banking |
| Administrator | Rita Woodward |
| Net Plan Assets | $48,100,000 |
| Total Participants | 900 |
| Avg Account Balance | $53,000 |
Compare Other Companies in Peer Group
| Tompkins Trust Company | 73.9 |
| Washington Trust Bank | 72.1 |
| WSFS Financial | 68.1 |
| Mercantil CommerceBank N.A. | 66.8 |
| Durant Bancorp | 63.2 |
| Ocean Bank | 58.3 |
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