Home Federal Bank of Tennessee
63
Plan:
Home Federal Bank of Tennessee 401k Profit Sharing Plan
41
67
83
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 20 point difference between this plan's BrightScope Rating (63) and the top rated plan (83) could equate to:
[How is this calculated?]
[How is this calculated?]
10 additional years of work Up to $155,800 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
Home Federal Bank of Tennessee 401k Profit Sharing Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 63. This plan is in the top 15% of plans for Total Plan Cost. Home Federal Bank of Tennessee 401k Profit Sharing Plan currently has over 400 active participants and over $32.2M in plan assets.
Retirement Plan Details
| Address |
515 Market Street
Knoxville, TN 37902 |
| Industry | Savings Institutions |
| Administrator | Gracie Bishop |
| Net Plan Assets | $32,200,000 |
| Total Participants | 460 |
| Avg Account Balance | $70,000 |
Compare Other Companies in Peer Group
| Cambridge Savings Bank | 79.0 |
| The Cape Cod Five Cents Savings Bank | 78.7 |
| Salem Five Cents Savings Bank | 76.3 |
| Fairfield County Bank | 75.5 |
| Middlesex Savings Bank | 75.1 |
| Liberty Bank | 67.5 |
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