Austin Bank, Texas, N.A.
70
Plan:
Austin Bank Texas, N.A. Employees Profit Sharing Plan
70
1
65
85
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 15 point difference between this plan's BrightScope Rating (70) and the top rated plan (85) could equate to:
[How is this calculated?]
8 additional years of work
Up to $112,200 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.
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Retirement Plan Description
Austin Bank Texas, N.A. Employees Profit Sharing 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 15% of plans for Participation Rate. Austin Bank Texas, N.A. Employees Profit Sharing Plan currently has over 500 active participants and over $33.7M in plan assets.
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