First State Bank of the Florida Keys
61
Plan:
First State Bank of the Florida Keys Profit Sharing Retirement Plan
4
65
77
0
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60
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100
For the average 401k participant, the 16 point difference between this plan's BrightScope Rating (61) and the top rated plan (77) could equate to:
[How is this calculated?]
[How is this calculated?]
6 additional years of work Up to $150,000 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 State Bank of the Florida Keys Profit Sharing Retirement Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 61. This plan is in the top 15% of plans for Investment Menu Quality. First State Bank of the Florida Keys Profit Sharing Retirement Plan currently has over 100 active participants and over $5.9M in plan assets.
Retirement Plan Details
| Address |
1201 Simonton St
Key West, FL 33040-3111 |
| Industry | Commercial Banking |
| Net Plan Assets | $5,900,000 |
| Total Participants | 180 |
| Avg Account Balance | $34,000 |
Compare Other Companies in Peer Group
| River City Bank | 69.7 |
| Traditional Bank | 69.0 |
| Farmers National Bank | 66.7 |
| Commercial Bank and Trust Co. | 64.2 |
| Midwest BankCentre | 64.1 |
| United Bancshares | 64.0 |
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