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Company:
Webster Financial Corporation
Plan:
Webster Bank Retirement Savings Plan
 

Webster Financial Corporation

76 Plan: Webster Bank Retirement Savings Plan

 
 
76
43
67
88
0
10
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60
70
80
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100
For the average 401k participant, the 12 point difference between this plan's BrightScope Rating (76) and the top rated plan (88) could equate to:
[How is this calculated?]
8 additional years of work
Up to $18,500 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

Webster Bank Retirement Savings Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 76, placing it in the top 15% of all plans in its peer group. This plan is also in the top 15% of plans for Total Plan Cost. Webster Bank Retirement Savings Plan currently has over 4,200 active participants and over $262.3M in plan assets.


 Investment Menu Statistics

No. of Investment Options
25
Plan Average: 20
Largest Funds in this 401k: based on % allocation of assets
1. Webster Financial Corporation 11%
2. PIMCO Total Return 10%
3. Fidelity Managed Income Portfolio 9%

 Retirement Plan Details

Address 145 Bank Street
Webster Plaza
Waterbury, CT 06702 
Industry Commercial Banking
Administrator Larry Murray
Net Plan Assets $262,000,000
Total Participants 4,300
Avg Account Balance $64,000

  Plan Service Providers

Recordkeeper Fidelity
Auditor Ernst & Young