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Company:
The Bank of Delmarva
Plan:
The Bank of Delmarva 401k Profit Sharing Plan
 

The Bank of Delmarva

58 Plan: The Bank of Delmarva 401k Profit Sharing Plan

 
 
58
17
63
87
0
10
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30
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60
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100
For the average 401k participant, the 29 point difference between this plan's BrightScope Rating (58) and the top rated plan (87) could equate to:
[How is this calculated?]
15 additional years of work
Up to $148,400 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 Bank of Delmarva 401k Profit Sharing Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 58. The Bank of Delmarva 401k Profit Sharing Plan currently has over 100 active participants and over $3.2M in plan assets.

 

 Retirement Plan Details

Address 200 E Market St
Laurel, DE 19956-1535 
Industry Commercial Banking
Administrator Angela Hill
Net Plan Assets $3,200,000
Total Participants 150
Avg Account Balance $22,000

 Top 3 Funds in this 401k

1. Union Bond & Trust Company Stable Value Signature Fund 26%
2. Principal LifeTime 2020 13%
3. Principal LifeTime 2030 10%

  Plan Service Providers

Insurance Carrier Principal Financial Group
Administration Principal Financial Group
Auditor Pks & Company, P.A.
Insurance Advisor/Broker M Financial Group

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