American Bank
69
Plan:
American Bank Employee Savings Plan
22
66
87
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 18 point difference between this plan's BrightScope Rating (69) and the top rated plan (87) could equate to:
[How is this calculated?]
[How is this calculated?]
10 additional years of work Up to $86,700 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
American Bank Employee Savings Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 69. This plan is in the top 35% of plans for Account Balances, Company Generosity, Salary Deferral, and Total Plan Cost. American Bank Employee Savings Plan currently has over 300 active participants and over $18.1M in plan assets.
Retirement Plan Details
| Address |
800 N. Shoreline Blvd. Suite 100 S.
Corpus Christi, TX 78401-3700 |
| Industry | Commercial Banking |
| Administrator | Linda Fraser |
| Net Plan Assets | $18,100,000 |
| Total Participants | 320 |
| Avg Account Balance | $56,000 |
Compare Other Companies in Peer Group
| MetroCorp Bancshares | 71.9 |
| South Valley Bancorp | 69.4 |
| Chinatrust Bank USA | 64.3 |
| United Bank & Trust | 64.1 |
| Suffolk County National Bank | 63.6 |
| Hawthorn Bancshares | 60.0 |
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