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Company:
Eastern National Bank
Plan:
Eastern National Bank 401k Profit Sharing Plan
 

Eastern National Bank

57 Plan: Eastern National Bank 401k Profit Sharing Plan

 
 
57
30
62
75
0
10
20
30
40
50
60
70
80
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100
For the average 401k participant, the 18 point difference between this plan's BrightScope Rating (57) and the top rated plan (75) could equate to:
[How is this calculated?]
8 additional years of work
Up to $128,000 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

Eastern National Bank 401k Profit Sharing Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 57. This plan is in the top 35% of plans for Investment Menu Quality. Eastern National Bank 401k Profit Sharing Plan currently has over 100 active participants and over $3.0M in plan assets.

 

 Retirement Plan Details

Address 799 Brickell Plz
Miami, FL 33131-2816 
Industry Commercial Banking
Administrator Isis Valle, Svp Trustee
Net Plan Assets $3,030,000
Total Participants 130
Avg Account Balance $25,000

 Top 3 Funds in this 401k

1. Principal Money Market 16%
2. Principal US Property 16%
3. Principal Guaranteed Investment Contract 13%

  Plan Service Providers

Auditor McGladrey
Insurance Carrier Principal Financial Group
Insurance Advisor/Broker Albert H. Kahn

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