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Company:
First Bank Florida
Plan:
First Bank Florida Retirement Plan
 

First Bank Florida

57 Plan: First Bank Florida Retirement Plan

 
 
57
4
64
77
0
10
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100
For the average 401k participant, the 20 point difference between this plan's BrightScope Rating (57) and the top rated plan (77) could equate to:
[How is this calculated?]
8 additional years of work
Up to $191,800 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

First Bank Florida Retirement 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 15% of plans for Investment Menu Quality. First Bank Florida Retirement Plan currently has over 100 active participants and over $1.7M in plan assets.

 

 Retirement Plan Details

Address 701 Waterford Way Ste 800
Miami, FL 33126-4684 
Industry Savings Institutions
Net Plan Assets $1,750,000
Total Participants 140
Avg Account Balance $13,000

 Top 3 Funds in this 401k

1. Principal Money Market 28%
2. Principal Guaranteed Interest Account 18%
3. Principal MidCap Blend 9%

  Plan Service Providers

Insurance Carrier Principal Financial Group
Administration Principal Financial Group
Auditor Perez-Abreu Aguerrebere and Sueiro,
Corporate Trustee Principal Financial Group

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