First Corbin Financial Corporation
53
Plan:
First Corbin Savings Plan
28
73
88
0
10
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100
For the average 401k participant, the 35 point difference between this plan's BrightScope Rating (53) and the top rated plan (88) could equate to:
[How is this calculated?]
[How is this calculated?]
17 additional years of work Up to $189,400 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
First Corbin Savings Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 53. This plan is in the top 35% of plans for Investment Menu Quality and Participation Rate. First Corbin Savings Plan currently has over 1,200 active participants and over $12.4M in plan assets.
Retirement Plan Details
| Address |
Po Box 1450
Corbin, KY 40702-1450 |
| Industry | Finance and Insurance |
| Administrator | Roger W. Alsip |
| Sponsor | Terry E. Forcht |
| Net Plan Assets | $12,400,000 |
| Total Participants | 1,300 |
| Avg Account Balance | $9,800 |
Compare Other Companies in Peer Group
| Duff & Phelps, LLC | 82.4 |
| Federated Investors | 77.5 |
| Citco Technology Management | 74.4 |
| KBC Financial Holding | 71.8 |
| Hines | 62.7 |
| Lydian Trust Company | 62.3 |
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