First American Bank
62
Plan:
First American Bank 401k Plan
30
62
75
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 13 point difference between this plan's BrightScope Rating (62) and the top rated plan (75) could equate to:
[How is this calculated?]
[How is this calculated?]
6 additional years of work Up to $78,700 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 American Bank 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 62. This plan is in the top 15% of plans for Investment Menu Quality. First American Bank 401k Plan currently has over 100 active participants and over $3.5M in plan assets.
Retirement Plan Details
| Address |
Po Box 5629
Norman, OK 73070-5629 |
| Industry | Commercial Banking |
| Net Plan Assets | $3,520,000 |
| Total Participants | 160 |
| Avg Account Balance | $22,000 |
Compare Other Companies in Peer Group
| TransAtlantic Bank | 61.8 |
| Ogden Bancshares | 60.6 |
| PriorityOne Capital | 58.8 |
| Commercial Bancgroup | 56.2 |
| First National Bank of Greencastle | 44.8 |
| Fidelity Bank & Trust | 30.2 |
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