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Company:
Union Savings Bank
Plan:
Union Savings Bank 401k Profit Sharing Plan & Trust
 

Union Savings Bank

67 Plan:

 
 
67
40
66
80
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 13 point difference between this plan's BrightScope Rating (67) and the top rated plan (80) could equate to:
[How is this calculated?]
6 additional years of work
Up to $126,900 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 Savings Bank 401k Profit Sharing Plan & Trust is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 67. This plan is in the top 35% of plans for Account Balances, Participation Rate, and Salary Deferral. Union Savings Bank 401k Profit Sharing Plan & Trust currently has over 400 active participants and over $24.0M in plan assets.

 

 Retirement Plan Details

Address 225 Main Street
P.O. Box 647
Danbury, CT 06813 
Industry Savings Institutions
Administrator Lynne Beardsley
Net Plan Assets $24,000,000
Total Participants 490
Avg Account Balance $49,000

 Compare Other Companies in Peer Group

Guaranty Bancshares 68.6
Northwestern Bank 67.2
Investors Savings Bank 66.4
Provident Savings Bank 65.8
Liberty Capital 57.1
OceanFirst Bank 49.0

 Top 3 Funds in this 401k

1. MassMutual Guaranteed Interest Account 26%
2. MassMutual Premier Core Bond 11%
3. MassMutual Select Mid Cap Growth Equity II 7%

  Plan Service Providers

Insurance Carrier MassMutual
Insurance Advisor/Broker Andrew D. Lee & Co.
Insurance Advisor/Broker Andrew Lee
Auditor Wolf & Company, P.C.

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