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Company:
First National Bank Group
Plan:
First National Bank Group 401k Plan
 

First National Bank Group

62 Plan: First National Bank Group 401k Plan

 
 
62
42
66
87
0
10
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30
40
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60
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100
For the average 401k participant, the 25 point difference between this plan's BrightScope Rating (62) and the top rated plan (87) could equate to:
[How is this calculated?]
13 additional years of work
Up to $125,000 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 National Bank Group 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 National Bank Group 401k Plan currently has over 1,200 active participants and over $22.2M in plan assets.

 

 Retirement Plan Details

Address 505 S. Mccoll Road
Edinburg, TX 78539-2915 
Industry Commercial Banking
Administrator Saul Ortega
Net Plan Assets $22,200,000
Total Participants 1,200
Avg Account Balance $18,000

 Top 3 Funds in this 401k

1. Hartford Life Money Market HLS 12%
2. Hartford Life Fixed Account 6%
3. MFS Government Securities 6%

  Plan Service Providers

Insurance Carrier Hartford
Insurance Advisor/Broker Delta Financial Insurance Brokerage
Auditor Burton McCumber & Cortez, LLP

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