The First Bank & Trust Company
69
Plan:
First Bancorp, Inc. & Affiliates Employee Stock Ownership & Savings Plan
69
31
66
89
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 20 point difference between this plan's BrightScope Rating (69) and the top rated plan (89) could equate to:
[How is this calculated?]
12 additional years of work
Up to $118,800 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.
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Retirement Plan Description
First Bancorp, Inc. & Affiliates Employee Stock Ownership & Savings Plan is a defined contribution plan with a profit-sharing component, 401k feature, and ESOP component. This plan has a BrightScope Rating of 69. This plan is in the top 15% of plans for Total Plan Cost. First Bancorp, Inc. & Affiliates Employee Stock Ownership & Savings Plan currently has over 300 active participants and over $14.4M in plan assets.
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