Shore Bancshares, Inc.
65
Plan:
Shore Bancshares, Inc. and Subsidiaries 401k Profit Sharing Plan
42
67
87
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 22 point difference between this plan's BrightScope Rating (65) and the top rated plan (87) could equate to:
[How is this calculated?]
[How is this calculated?]
12 additional years of work Up to $117,800 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
Shore Bancshares, Inc. and Subsidiaries 401k Profit Sharing Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 65. This plan is in the top 15% of plans for Participation Rate. Shore Bancshares, Inc. and Subsidiaries 401k Profit Sharing Plan currently has over 300 active participants and over $27.4M in plan assets.
Retirement Plan Details
| Address |
28969 Information Ln
Easton, MD 21601-7007 |
| Industry | Commercial Banking |
| Administrator | Pamela Councell |
| Net Plan Assets | $27,400,000 |
| Total Participants | 350 |
| Avg Account Balance | $78,000 |
Compare Other Companies in Peer Group
| Bank of China | 71.6 |
| Security National | 67.2 |
| Monroe Bank & Trust | 66.5 |
| NEB | 64.5 |
| Firstrust Savings Bank | 62.7 |
| ESB Financial | 52.1 |
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