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Company:
First State Bank
Plan:
First State Bank Of Gainesville, Texas 401k Profit Sharing and Employee Stock Ownership Plan
 

First State Bank

67 Plan: First State Bank Of Gainesville, Texas 401k Profit Sharing and Employee Stock Ownership Plan

 
 
67
9
66
87
0
10
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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?]
12 additional years of work
Up to $53,000 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

First State Bank Of Gainesville, Texas 401k Profit Sharing and Employee Stock Ownership Plan is a defined contribution plan with a profit-sharing component, 401k feature, and ESOP component. This plan has a BrightScope Rating of 67. This plan is in the top 15% of plans for Account Balances. First State Bank Of Gainesville, Texas 401k Profit Sharing and Employee Stock Ownership Plan currently has over 100 active participants and over $11.9M in plan assets.

 

 Retirement Plan Details

Address Po Box 10
Gainesville, TX 76241 
Industry Commercial Banking
Administrator Martin L. Jarboe
Net Plan Assets $11,900,000
Total Participants 140
Avg Account Balance $88,000

 Top 3 Funds in this 401k

1. Total Common Stocks 31%
2. Oakmark Equity & Income 17%
3. Goldman Sachs Financial Square Money Market 8%

  Plan Service Providers

Recordkeeper Milliman
Auditor Payne Falkner Smith & Jones Pc

 Comments