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Company:
TotalBank
Plan:
TotalBank 401k Profit Sharing Plan
 

TotalBank

65 Plan: TotalBank 401k Profit Sharing Plan

 
 
65
27
63
78
0
10
20
30
40
50
60
70
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100
For the average 401k participant, the 13 point difference between this plan's BrightScope Rating (65) and the top rated plan (78) could equate to:
[How is this calculated?]
6 additional years of work
Up to $132,000 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

TotalBank 401k Profit Sharing Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 65. This plan is in the top 35% of plans for Investment Menu Quality, Salary Deferral, and Total Plan Cost. TotalBank 401k Profit Sharing Plan currently has over 300 active participants and over $9.2M in plan assets.

 

 Retirement Plan Details

Address 2720 Coral Way
Coral Gables, FL 33145-3202 
Industry Commercial Banking
Administrator Lourdes Rey-Wilson
Net Plan Assets $9,250,000
Total Participants 370
Avg Account Balance $25,000

 Top 3 Funds in this 401k

1. Principal Money Market 26%
2. Principal LifeTime 2020 9%
3. Principal Core Plus Bond I 8%

  Plan Service Providers

Insurance Carrier Principal Financial Group
Administration Principal Financial Group
Auditor Glsc & Company, PLLC

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