First Mariner Bancorp
55
Plan:
First Mariner Bancorp 401k Plan
22
66
87
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 32 point difference between this plan's BrightScope Rating (55) and the top rated plan (87) could equate to:
[How is this calculated?]
[How is this calculated?]
16 additional years of work Up to $225,100 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
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 55. This plan is in the top 35% of plans for Total Plan Cost. First Mariner Bancorp 401k Plan currently has over 1,400 active participants and over $16.7M in plan assets.
Retirement Plan Details
| Address |
3301 Boston Street
Baltimore, MD 21224-4976 |
| Industry | Other Depository Credit Intermediation |
| Administrator | Lorraine Ash |
| Net Plan Assets | $16,700,000 |
| Total Participants | 1,400 |
| Avg Account Balance | $12,000 |
Compare Other Companies in Peer Group
| Federal Home Loan Bank of Atlanta | 80.0 |
| Bank Leumi USA | 79.4 |
| The Bank of East Asia, Limited | 68.4 |
| American Bank | 66.9 |
| Columbia Banking System | 66.6 |
| Univest Corporation of Pennsylvania | 66.1 |
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