Omni Bank
67
Plan:
Omni Bank Salary Savings Plan
17
63
81
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 14 point difference between this plan's BrightScope Rating (67) and the top rated plan (81) could equate to:
[How is this calculated?]
[How is this calculated?]
7 additional years of work Up to $44,000 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
Omni Bank Salary Savings Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 67. This plan is in the top 15% of plans for Investment Menu Quality and Participation Rate. Omni Bank Salary Savings Plan currently has over 300 active participants and over $7.0M in plan assets.
Retirement Plan Details
| Address |
2900 Ridgelake Drive
Metairie, LA 70002-4932 |
| Industry | Commercial Banking |
| Administrator | Frank Martinez |
| Net Plan Assets | $6,970,000 |
| Total Participants | 330 |
| Avg Account Balance | $21,000 |
Compare Other Companies in Peer Group
| Montgomery Bancorporation | 65.2 |
| First Community Bancshares | 64.3 |
| Leamington Company | 62.9 |
| United Prairie Bank | 62.0 |
| Central Financial Services | 61.8 |
| Highland Union Bank | 58.8 |
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