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Company:
Scotiabank de Puerto Rico
Plan:
Scotiabank de Puerto Rico Savings and Investment Plan
 

Scotiabank de Puerto Rico

52 Plan:

 
 
52
27
62
78
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 26 point difference between this plan's BrightScope Rating (52) and the top rated plan (78) could equate to:
[How is this calculated?]
9 additional years of work
Up to $164,500 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

Scotiabank de Puerto Rico Savings and Investment Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 52. This plan is in the top 15% of plans for Investment Menu Quality. Scotiabank de Puerto Rico Savings and Investment Plan currently has over 600 active participants and over $8.2M in plan assets.

 

 Retirement Plan Details

Address P.O. Box 362230
San Juan, PR 00936-2230 
Industry Commercial Banking
Administrator Maritere Ayala
Net Plan Assets $8,200,000
Total Participants 650
Avg Account Balance $13,000

 Top 3 Funds in this 401k

1. The Bank of Nova Scotia 38%
2. Transamerica Cash Management Fund 11%
3. Transamerica WMC Diversified Growth 6%

  Plan Service Providers

Insurance Carrier Transamerica
Insurance Advisor/Broker Scotia Insurance De Puerto Rico
Auditor KPMG, Llp

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