1st National Bank of South Florida
48
Plan:
1st National Bank of South Florida Employee Profit Sharing Plan
30
62
75
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 27 point difference between this plan's BrightScope Rating (48) and the top rated plan (75) could equate to:
[How is this calculated?]
[How is this calculated?]
12 additional years of work Up to $162,600 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
1st National Bank of South Florida Employee Profit Sharing Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 48. This plan is in the top 35% of plans for Investment Menu Quality and Participation Rate. 1st National Bank of South Florida Employee Profit Sharing Plan currently has over 100 active participants and over $3.5M in plan assets.
Retirement Plan Details
| Address |
1550 N Krome Ave
Homestead, FL 33030-3233 |
| Industry | Commercial Banking |
| Administrator | Margaret Mcalister |
| Sponsor | Robert Ares Evp |
| Net Plan Assets | $3,490,000 |
| Total Participants | 120 |
| Avg Account Balance | $30,000 |
Compare Other Companies in Peer Group
| First National Bank | 69.2 |
| Bank of Springfield | 66.2 |
| Community National Bank | 64.4 |
| Herky Hawk Financial | 62.1 |
| Sussex Bancorp | 60.3 |
| Eastwood Financial | 59.8 |
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