Texas Independent Bancshares
63
Plan:
Texas Independent Bancshares Employees' Profit Sharing 401k Plan
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?]
[How is this calculated?]
13 additional years of work Up to $106,400 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
Texas Independent Bancshares Employees' Profit Sharing 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 35% of plans for Account Balances and Total Plan Cost. Texas Independent Bancshares Employees' Profit Sharing 401k Plan currently has over 200 active participants and over $15.0M in plan assets.
Retirement Plan Details
| Address |
3232 Palmer Hwy
Texas City, TX 77590-6724 |
| Industry | Commercial Banking |
| Administrator | Catherine Potter |
| Net Plan Assets | $15,000,000 |
| Total Participants | 290 |
| Avg Account Balance | $52,000 |
Compare Other Companies in Peer Group
| Amalgamated Bank | 73.6 |
| First Dakota Financial | 72.3 |
| Independence Bancshares | 70.2 |
| The National Bank & Trust Company... | 63.5 |
| Coppermark Bank | 62.6 |
| F&M Bank & Trust Co. | 62.1 |
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