Webster Financial Corporation
73
Plan:
22
68
87
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 (73) and the top rated plan (87) could equate to:
[How is this calculated?]
[How is this calculated?]
8 additional years of work Up to $33,300 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 73. This plan is in the top 15% of plans for Total Plan Cost. Webster Bank Retirement Savings Plan currently has over 4,900 active participants and over $228.5M in plan assets.
Retirement Plan Details
| Address |
145 Bank Street
Webster Plaza Waterbury, CT 06702 |
| Industry | Commercial Banking |
| Administrator | Denise C. Milde |
| Net Plan Assets | $228,000,000 |
| Total Participants | 4,900 |
| Avg Account Balance | $47,000 |
Compare Other Companies in Peer Group
| Arvest Bank Group | 73.4 |
| Bank of Oklahoma, N.A. | 72.7 |
| State Employees Credit Union | 71.8 |
| Wilmington Trust Company | 70.8 |
| First-Citizens Bank & Trust Company | 59.9 |
| New York Community Bancorp | 46.0 |
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