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Company:
Alliance Bank
Plan:
Alliance Bank Profit Sharing 401k Plan
 

Alliance Bank

69 Plan: Alliance Bank Profit Sharing 401k Plan

 
 
69
22
66
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 $81,300 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

Alliance Bank Profit Sharing 401k 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 35% of plans for Account Balances and Total Plan Cost. Alliance Bank Profit Sharing 401k Plan currently has over 100 active participants and over $9.4M in plan assets.

 

 Retirement Plan Details

Address 100 W. Jefferson St.
P.O. Box 500
Sulphur Springs, TX 75483 
Industry Commercial Banking
Administrator James M Law
Net Plan Assets $9,440,000
Total Participants 190
Avg Account Balance $50,000

 Top 3 Funds in this 401k

1. American Funds Growth Fund of America 14%
2. American Funds Investment Company of America 10%
3. American Funds Capital Income Builder 7%

  Plan Service Providers

Recordkeeper Ascensus, Inc.
Auditor Arnold, Walker, Arnold & Co. P.C.

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