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Company:
TransAtlantic Bank
Plan:
TransAtlantic Bank 401k Profit Sharing Plan
 

TransAtlantic Bank

62 Plan: TransAtlantic Bank 401k Profit Sharing Plan

 
 
62
30
62
75
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 (62) and the top rated plan (75) could equate to:
[How is this calculated?]
7 additional years of work
Up to $48,300 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

TransAtlantic 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 62. TransAtlantic Bank 401k Profit Sharing Plan currently has over 100 active participants and over $3.2M in plan assets.

 

 Retirement Plan Details

Address 48 E Flagler St
Miami, FL 33131-1011 
Industry Commercial Banking
Administrator Blanca Brugueras, VP
Sponsor Julian Mesa, President
Net Plan Assets $3,210,000
Total Participants 140
Avg Account Balance $23,000

 Top 3 Funds in this 401k

1. Prudential Guaranteed Income Fund 20%
2. Prudential PIMCO Core Plus Bond 17%
3. Barrow Hanley Large Cap Value 11%

  Plan Service Providers

Auditor Glsc & Company, PLLC
Insurance Carrier Prudential
Insurance Advisor/Broker LPL Financial Corp.

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