Highland Union Bank
59
Plan:
Virginia Bankers Association Defined Contribution Plan for Highlands Union Bank
17
64
87
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 28 point difference between this plan's BrightScope Rating (59) and the top rated plan (87) could equate to:
[How is this calculated?]
[How is this calculated?]
15 additional years of work Up to $119,700 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
Virginia Bankers Association Defined Contribution Plan for Highlands Union Bank is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 59. This plan is in the top 15% of plans for Participation Rate. Virginia Bankers Association Defined Contribution Plan for Highlands Union Bank currently has over 200 active participants and over $7.6M in plan assets.
Retirement Plan Details
| Address |
P.O. Box 1128
Abingdon, VA 24210 |
| Industry | Commercial Banking |
| Administrator | Bette J. Albert |
| Sponsor | Karen White |
| Net Plan Assets | $7,620,000 |
| Total Participants | 300 |
| Avg Account Balance | $26,000 |
Compare Other Companies in Peer Group
| Lake Sunapee Bank | 71.3 |
| Montgomery Bancorporation | 65.2 |
| First Community Bancshares | 64.3 |
| Leamington Company | 62.9 |
| United Prairie Bank | 62.0 |
| Central Financial Services | 61.8 |
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