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Company:
Union First Market Bankshares Corporation
Plan:
Union First Market Bankshares Corporation 401k Profit Sharing Plan
 

Union First Market Bankshares Corporation

65 Plan:

 
 
65
41
67
80
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 15 point difference between this plan's BrightScope Rating (65) and the top rated plan (80) could equate to:
[How is this calculated?]
7 additional years of work
Up to $98,000 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

Union First Market Bankshares Corporation 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. Union First Market Bankshares Corporation 401k Profit Sharing Plan currently has over 1,200 active participants and over $37.8M in plan assets.

 

 Retirement Plan Details

Address Po Box 940 24010 Partnership Blvd
Ruther Glen, VA 22546 
Industry Commercial Banking
Administrator D. Anthony Peay
Net Plan Assets $37,800,000
Total Participants 1,200
Avg Account Balance $31,000

 Top 3 Funds in this 401k

1. Prudential Guaranteed Income Fund 20%
2. Prudential Large Cap Growth 14%
3. Prudential Large Value/LSV Asset Management 13%

  Plan Service Providers

Insurance Carrier Prudential
Auditor Yount, Hyde & Barbour, P.C.

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