Industrial Bank
67
Plan:
Industrial Bank 401k Profit Sharing Plan
36
65
75
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 8 point difference between this plan's BrightScope Rating (67) and the top rated plan (75) could equate to:
[How is this calculated?]
[How is this calculated?]
4 additional years of work Up to $55,500 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
Industrial Bank 401k Profit Sharing Plan is a defined contribution plan with a profit-sharing component, 401k feature, and ESOP component. This plan has a BrightScope Rating of 67. Industrial Bank 401k Profit Sharing Plan currently has over 100 active participants and over $5.9M in plan assets.
Retirement Plan Details
| Address |
4907 Georgia Ave Nw
Washington, DC 20011-4525 |
| Industry | Commercial Banking |
| Administrator | Lynne Miller Rowe Vp/Hr Director |
| Sponsor | Thomas E Mclaurin Jr. Exe.Vp/Risk M |
| Net Plan Assets | $5,910,000 |
| Total Participants | 160 |
| Avg Account Balance | $38,000 |
Compare Other Companies in Peer Group
| Community West Bancshares | 71.8 |
| BAC Florida Bank | 69.3 |
| Clearfield Bank & Trust Company | 63.7 |
| American Central Bancorporation | 62.0 |
| First Columbia Bank & Trust Co. | 57.4 |
| F&M Bank | 45.2 |
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