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Company:
Moody National Bank
Plan:
Moody National Bank 401k Plan
 

Moody National Bank

46 Plan:

 
 
46
26
63
81
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 35 point difference between this plan's BrightScope Rating (46) and the top rated plan (81) could equate to:
[How is this calculated?]
16 additional years of work
Up to $248,600 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

Moody National Bank 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 46. This plan is in the top 15% of plans for Investment Menu Quality. Moody National Bank 401k Plan currently has over 100 active participants and over $485.6K in plan assets.

 

 Investment Menu Statistics

No. of Investment Options
43
Plan Average: 24
Top 3 Funds in this 401k
1. Franklin Templeton Conservative Allocation 21%
2. Hartford Money Market 10%
3. Hartford MidCap HLS 5%

 Retirement Plan Details

Address 2302 Post Office St
Galveston, TX 77550-1913 
Industry Commercial Banking
Administrator Josh R. Hernandez
Sponsor Victor Pierson
Net Plan Assets $490,000
Total Participants 170
Avg Account Balance $6,400

  Plan Service Providers

Insurance Carrier Hartford
Auditor Drda, P.C.
Insurance Advisor/Broker FFP Securities, Inc.

 Comments