Clear Mountain Bank, Inc.
63
Plan:
Clear Mountain Bank 401k Plan
30
62
75
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 12 point difference between this plan's BrightScope Rating (63) and the top rated plan (75) could equate to:
[How is this calculated?]
[How is this calculated?]
6 additional years of work Up to $71,800 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.
Retirement Plan Description
Clear Mountain Bank 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 63. This plan is in the top 35% of plans for Participation Rate. Clear Mountain Bank 401k Plan currently has over 100 active participants and over $3.3M in plan assets.
Retirement Plan Details
| Address |
Po Box 205
Bruceton Mills, WV 26525-0205 |
| Industry | Commercial Banking |
| Administrator | Brian Thomas |
| Net Plan Assets | $3,250,000 |
| Total Participants | 110 |
| Avg Account Balance | $29,000 |
Compare Other Companies in Peer Group
| MBank | 72.3 |
| 1st Independence Financial Group | 70.4 |
| Community National Bank | 64.4 |
| Ballston Spa National Bank | 64.1 |
| Sterling Bank and Trust | 59.2 |
| First State Bank and Trust Of... | 55.4 |
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