Central Bancshares, Inc.
56
Plan:
41
69
87
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 31 point difference between this plan's BrightScope Rating (56) and the top rated plan (87) could equate to:
[How is this calculated?]
[How is this calculated?]
15 additional years of work Up to $249,500 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
Central Employees Stock Ownership Plan and Trust is a defined contribution plan with a ESOP component and leveraged ESOP component. This plan has a BrightScope Rating of 56. This plan is in the top 15% of plans for Participation Rate and Total Plan Cost. Central Employees Stock Ownership Plan and Trust currently has over 500 active participants and over $14.0M in plan assets.
Retirement Plan Details
| Address |
300 West Vine Street
Lexington, KY 40507 |
| Industry | Commercial Banking |
| Administrator | David Turner |
| Net Plan Assets | $14,000,000 |
| Total Participants | 540 |
| Avg Account Balance | $26,000 |
Compare Other Companies in Peer Group
| Hanmi Bank | 70.8 |
| South Valley Bancorp | 69.4 |
| Peoples Bancorp | 64.6 |
| United Bank & Trust | 64.1 |
| Heritage Financial | 63.6 |
| Wauchula State Bank | 58.9 |
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