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Company:
First National Bank of Midwest City
Plan:
First National Bank of Midwest City 401k Plan
 

First National Bank of Midwest City

63 Plan: First National Bank of Midwest City 401k Plan

 
 
63
22
66
87
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 24 point difference between this plan's BrightScope Rating (63) and the top rated plan (87) could equate to:
[How is this calculated?]
13 additional years of work
Up to $109,400 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 National Bank of Midwest City 401k 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 Investment Menu Quality. First National Bank of Midwest City 401k Plan currently has over 100 active participants and over $7.2M in plan assets.

 

 Retirement Plan Details

Address 2911 S. Air Depot Blvd
Midwest City, OK 73110 
Industry Commercial Banking
Administrator Dan Maloy
Net Plan Assets $7,170,000
Total Participants 200
Avg Account Balance $37,000

 Compare Other Companies in Peer Group

University Financial Corporation... 71.5
Park Bank 65.9
Vision Bank, NA 64.7
BancTenn 62.0
Union Bank 60.9
Great Lakes Financial Resources 59.3

 Top 3 Funds in this 401k

1. John Hancock Money Market 10%
2. Davis New York Venture 6%
3. John Hancock Funds II Lifestyle Balanced 6%

  Plan Service Providers

Insurance Carrier John Hancock
Insurance Advisor/Broker Investment Centers of America
Auditor Cole & Reed, P.C.

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