Farmers National Bank
67
Plan:
Farmers National Bank 401k Plan
10
65
77
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 10 point difference between this plan's BrightScope Rating (67) and the top rated plan (77) could equate to:
[How is this calculated?]
[How is this calculated?]
4 additional years of work Up to $126,400 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
Farmers National Bank 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 67. This plan is in the top 15% of plans for Investment Menu Quality and Total Plan Cost. Farmers National Bank 401k Plan currently has over 100 active participants and over $5.3M in plan assets.
Retirement Plan Details
| Address |
Po Box 28
Danville, KY 40423-0028 |
| Industry | Commercial Banking |
| Administrator | Richard Born |
| Net Plan Assets | $5,300,000 |
| Total Participants | 180 |
| Avg Account Balance | $30,000 |
Compare Other Companies in Peer Group
| Hampton Roads Bankshares | 69.2 |
| Traditional Bank | 69.0 |
| Idaho Independent Bank | 67.7 |
| Midwest BankCentre | 64.1 |
| United Bancshares | 64.0 |
| First State Bank of the Florida Keys | 61.5 |
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