Austin Bank, Texas, N.A.
69
Plan:
Austin Bank Texas, N.A. Employees Profit Sharing Plan
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?]
[How is this calculated?]
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 |
Compare Other Companies in Peer Group
| Provident New York Bancorp | 73.5 |
| Sunflower Bank, N.A. | 72.5 |
| The Bank of Edwardsville | 69.0 |
| Lakeland Financial | 66.7 |
| Frandsen Financial | 65.3 |
| West Suburban Bank | 53.7 |
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% |
Plan Service Providers
| Insurance Carrier | MassMutual |
| Insurance Carrier | Crown Life Insurance Company |
| Insurance Carrier | Lincoln Financial |
| Insurance Carrier | Protective Life |
| Insurance Carrier | ING |
| Insurance Advisor/Broker | Joe Sims & Associates, Inc. |
| Insurance Advisor/Broker | ProEquities, Inc. |
| Insurance Advisor/Broker | Jim Swink, Jr. |
| Insurance Advisor/Broker | Wells Fargo (Wachovia) |
| Auditor | Payne & Smith, LLC |



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