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Company:
Amarillo National Bank
Plan:
Amarillo National Bank 401k Plan
 

Amarillo National Bank

70 Plan: Amarillo National Bank 401k Plan

 
 
70
32
70
83
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 13 point difference between this plan's BrightScope Rating (70) and the top rated plan (83) could equate to:
[How is this calculated?]
7 additional years of work
Up to $86,600 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

Amarillo National Bank 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 70. This plan is in the top 35% of plans for Account Balances, Company Generosity, and Participation Rate. Amarillo National Bank 401k Plan currently has over 500 active participants and over $39.6M in plan assets.


 Investment Menu Statistics

No. of Investment Options
45
Plan Average: 20
Largest Funds in this 401k: based on % allocation of assets
1. John Hancock Lifestyle Balanced 23%
2. John Hancock Lifestyle Growth 18%
3. John Hancock Money Market 8%

 Retirement Plan Details

Address 410 S. Taylor
Amarillo, TX 79105 
Industry Commercial Banking
Administrator Corey Krusa
Sponsor Pat Ware
Net Plan Assets $39,600,000
Total Participants 600
Avg Account Balance $71,000

 
Plan Service Providers

Insurance Carrier John Hancock
Recordkeeper John Hancock
Auditor Johnson & Sheldon, Pc