Farmers & Merchants Bank
57
Plan:
VBA Defined Contribution Plan for Farmers & Merchants Bank
30
62
75
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 18 point difference between this plan's BrightScope Rating (57) and the top rated plan (75) could equate to:
[How is this calculated?]
[How is this calculated?]
8 additional years of work Up to $110,400 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
VBA Defined Contribution Plan for Farmers & Merchants Bank is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 57. VBA Defined Contribution Plan for Farmers & Merchants Bank currently has over 100 active participants and over $2.0M in plan assets.
Retirement Plan Details
| Address |
Po Box 1111
Timberville, VA 22853-1111 |
| Industry | Commercial Banking |
| Administrator | Bette J. Albert |
| Sponsor | Neil W. Hayslett |
| Net Plan Assets | $1,950,000 |
| Total Participants | 130 |
| Avg Account Balance | $15,000 |
Compare Other Companies in Peer Group
| Fox Chase Bank | 68.3 |
| American Founders Bank | 62.9 |
| Lyons National Bank | 62.6 |
| First National Bank of the Rockies | 59.2 |
| First Community Bank | 51.5 |
| Edmonton Bancshares | 49.3 |
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