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Company:
Citizens National Bank Henderson
Plan:
Citizens National Bank 401k Savings Plan and Trust
 

Citizens National Bank Henderson

67 Plan: Citizens National Bank 401k Savings Plan and Trust

 
 
67
40
67
87
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 20 point difference between this plan's BrightScope Rating (67) and the top rated plan (87) could equate to:
[How is this calculated?]
11 additional years of work
Up to $114,200 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

Citizens National Bank 401k Savings Plan and Trust is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 67. This plan is in the top 15% of plans for Participation Rate and Total Plan Cost. Citizens National Bank 401k Savings Plan and Trust currently has over 300 active participants and over $19.8M in plan assets.

 

 Investment Menu Statistics

No. of Investment Options
28
Plan Average: 24
Top 3 Funds in this 401k
1. Total Common Stocks 24%
2. Total Corporate Bonds 10%
3. Vanguard Short-Term Corporate Bond Index 7%

 Retirement Plan Details

Address 201 West Main Street
Henderson, TX 75653 
Industry Commercial Banking
Administrator Thomas M. Weaver
Net Plan Assets $19,800,000
Total Participants 360
Avg Account Balance $56,000

  Plan Service Provider

Auditor Bkd, LLP

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