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Company:
Sterling Bancshares, Inc.
Plan:
Sterling Bancshares, Inc. Employee Savings Plan
 

Sterling Bancshares, Inc.

73 Plan: Sterling Bancshares, Inc. Employee Savings Plan

 
 
73
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66
87
0
10
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100
For the average 401k participant, the 14 point difference between this plan's BrightScope Rating (73) and the top rated plan (87) could equate to:
[How is this calculated?]
9 additional years of work
Up to $100,200 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

Sterling Bancshares, Inc. Employee Savings Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 73. This plan is in the top 35% of plans for Company Generosity, Investment Menu Quality, Participation Rate, and Total Plan Cost. Sterling Bancshares, Inc. Employee Savings Plan currently has over 1,300 active participants and over $61.8M in plan assets.

 

 Retirement Plan Details

Address 2950 North Loop West
11th Floor
Houston, TX 77092 
Industry Commercial Banking
Administrator Randy Graham
Net Plan Assets $61,800,000
Total Participants 1,300
Avg Account Balance $47,000

 Compare Other Companies in Peer Group

The South Financial Group 73.8
Rockland Trust Company 73.4
CVB Financial 72.5
First Busey 69.6
S&T Bank 62.7
Simmons First National 51.0

 Top 3 Funds in this 401k

1. Charles Schwab Stable Value Fund 15%
2. Sterling Bancshares, Inc. Common Stock 13%
3. American Funds Growth Fund of America 10%

  Plan Service Providers

Recordkeeper Charles Schwab
Auditor Hamm, Langston & Brezina LLP

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