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Company:
Citizens National Bank of Paintsville
Plan:
Citizens National Bank of Paintsville Profit Sharing and 401k Savings Retirement Plan
 

Citizens National Bank of Paintsville

58 Plan: Citizens National Bank of Paintsville Profit Sharing and 401k Savings Retirement Plan

 
 
58
22
65
86
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 28 point difference between this plan's BrightScope Rating (58) and the top rated plan (86) could equate to:
[How is this calculated?]
14 additional years of work
Up to $183,300 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

Citizens National Bank of Paintsville Profit Sharing and 401k Savings Retirement Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 58. This plan is in the top 35% of plans for Investment Menu Quality and Total Plan Cost. Citizens National Bank of Paintsville Profit Sharing and 401k Savings Retirement Plan currently has over 100 active participants and over $5.4M in plan assets.

 

 Retirement Plan Details

Address P.O. Box 1488
Paintsville, KY 41240 
Industry Savings Institutions
Administrator Kathy Kinner
Net Plan Assets $5,450,000
Total Participants 180
Avg Account Balance $31,000

 Top 3 Funds in this 401k

1. ING Fixed Account 31%
2. American Funds American Balanced 9%
3. Vanguard VIF Diversified Value Portfolio 9%

  Plan Service Providers

Insurance Carrier ING
Insurance Advisor/Broker Morgan Keegan & Company, Inc.
Investment Adviser ING
Auditor Crowe Horwath LLP

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