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Company:
First Security Bancorp
Plan:
First Security Bancorp 401k Plan
 

First Security Bancorp

55 Plan: First Security Bancorp 401k Plan

 
 
55
10
65
80
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 25 point difference between this plan's BrightScope Rating (55) and the top rated plan (80) could equate to:
[How is this calculated?]
12 additional years of work
Up to $192,000 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 Security Bancorp 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 55. This plan is in the top 35% of plans for Total Plan Cost. First Security Bancorp 401k Plan currently has over 800 active participants and over $16.5M in plan assets.

 

 Retirement Plan Details

Address P.O. Box 1009
Searcy, AR 72143 
Industry Commercial Banking
Administrator Frank Faust
Net Plan Assets $16,500,000
Total Participants 850
Avg Account Balance $22,000

 Top 3 Funds in this 401k

1. Self-Directed Brokerage Accounts 27%
2. Federated Capital Preservation Fund 9%
3. American Independence NestEgg 2020 7%

  Plan Service Providers

Corporate Trustee INTRUST Bank, N.A.
Auditor Frazer Frost, LLP

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