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Company:
Texas Bank
Plan:
Texas Bank 401k Plan
 

Texas Bank

55 Plan: Texas Bank 401k Plan

 
 
55
30
63
75
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 20 point difference between this plan's BrightScope Rating (55) and the top rated plan (75) could equate to:
[How is this calculated?]
8 additional years of work
Up to $135,100 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

Texas Bank 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 55. This plan is in the top 35% of plans for Investment Menu Quality and Participation Rate. Texas Bank 401k Plan currently has over 200 active participants and over $4.7M in plan assets.

 

 Retirement Plan Details

Address 400 Fisk Ave
Brownwood, TX 76801-2930 
Industry Commercial Banking
Net Plan Assets $4,740,000
Total Participants 200
Avg Account Balance $24,000

 Top 3 Funds in this 401k

1. Principal Large Cap S&P 500 Index 11%
2. Principal Diversified International 10%
3. Principal Money Market 10%

  Plan Service Providers

Insurance Carrier Principal Financial Group
Administration Principal Financial Group
Auditor Davis Kinard & Co, CPAS
Insurance Advisor/Broker Hilton Painter Associates Inc

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