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Company:
First Mariner Bancorp
Plan:
First Mariner Bancorp 401k Plan
 

First Mariner Bancorp

57 Plan: First Mariner Bancorp 401k Plan

 
 
57
31
66
81
0
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100
For the average 401k participant, the 24 point difference between this plan's BrightScope Rating (57) and the top rated plan (81) could equate to:
[How is this calculated?]
12 additional years of work
Up to $113,000 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

First Mariner Bancorp 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 57. First Mariner Bancorp 401k Plan currently has over 1,200 active participants and over $15.6M in plan assets.

 

 Investment Menu Statistics

No. of Investment Options
23
Plan Average: 24
Top 3 Funds in this 401k
1. American Funds Money Market 15%
2. American Funds Washington Mutual 12%
3. American Funds Growth Fund of America 10%

 Retirement Plan Details

Address 3301 Boston Street
Baltimore, MD 21224-4976 
Industry Other Depository Credit Intermediation
Administrator Lorraine Ash
Net Plan Assets $15,600,000
Total Participants 1,300
Avg Account Balance $15,000

  Plan Service Providers

Recordkeeper DailyAccess Corporation
Consultant DailyAccess Corporation
Investment Adviser RBC Wealth Management
Corporate Trustee Reliance Trust Company
Auditor Stegman & Company

 Comments