Millennium Bankshares Corporation
61
Plan:
Millennium Bankshares Corp. 401k Plan And Trust
23
62
75
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 14 point difference between this plan's BrightScope Rating (61) and the top rated plan (75) could equate to:
[How is this calculated?]
[How is this calculated?]
7 additional years of work Up to $66,100 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
Millennium Bankshares Corp. 401k Plan And Trust is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 61. Millennium Bankshares Corp. 401k Plan And Trust currently has fewer than 100 active participants and over $1.1M in plan assets.
Retirement Plan Details
| Address |
1601 Washington Plz N
Reston, VA 20190-4305 |
| Industry | Commercial Banking |
| Administrator | Kayty Powers |
| Sponsor | Dale G. Phelps |
| Net Plan Assets | $1,080,000 |
| Total Participants | 89 |
| Avg Account Balance | $13,000 |
Compare Other Companies in Peer Group
| Westsound Bank | 67.8 |
| Federal Trust Bank | 66.5 |
| The Harbor Bank of Maryland | 60.9 |
| Heritage Banking Group | 59.0 |
| Progressive Bancorp | 56.8 |
| Metcalf Bank | 54.5 |
Comments