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Company:
Austin Bank, Texas, N.A.
Plan:
Austin Bank Texas, N.A. Employees Profit Sharing Plan
 

Austin Bank, Texas, N.A.

69 Plan: Austin Bank Texas, N.A. Employees Profit Sharing Plan

 
 
69
22
67
87
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 18 point difference between this plan's BrightScope Rating (69) and the top rated plan (87) could equate to:
[How is this calculated?]
10 additional years of work
Up to $93,400 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

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 69. 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 $33.2M in plan assets.

 

 Retirement Plan Details

Address P.O. Box 951
200 East Commerce
Jacksonville, TX 75766-0951 
Industry Commercial Banking
Administrator Lynn Littlejohn
Net Plan Assets $33,200,000
Total Participants 550
Avg Account Balance $61,000

 Top 3 Funds in this 401k

1. Prudential Stable Value 28%
2. American Funds Fundamental Investors 13%
3. American Funds Growth Fund of America 11%

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Auditor Payne & Smith, LLC

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