Home  >   401k Directory   >   Community Bank
 
Company:
Community Bank
Plan:
Community Bank 401k Plan
 

Community Bank

63 Plan: Community Bank 401k Plan

 
 
63
29
62
75
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 12 point difference between this plan's BrightScope Rating (63) and the top rated plan (75) could equate to:
[How is this calculated?]
6 additional years of work
Up to $80,300 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

Community Bank 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 63. This plan is in the top 35% of plans for Participation Rate and Total Plan Cost. Community Bank 401k Plan currently has over 100 active participants and over $6.2M in plan assets.

 

 Investment Menu Statistics

No. of Investment Options
15
Plan Average: 24
Top 3 Funds in this 401k
1. Bank of America Retirement Preservation Trust 25%
2. PIMCO Total Return 14%
3. BlackRock Equity Dividend 13%

 Retirement Plan Details

Address 1300 South University Drive
Suite 100
Fort Worth, TX 76107 
Industry Commercial Banking
Administrator Scott Ramsey
Net Plan Assets $6,160,000
Total Participants 150
Avg Account Balance $43,000

  Plan Service Providers

Recordkeeper Bank of America Merrill Lynch
Auditor McGladrey

 Comments