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Company:
Town North Bank, N.A.
Plan:
Town North Bank 401k Plan
 

Town North Bank, N.A.

64 Plan:

 
 
64
35
64
87
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 23 point difference between this plan's BrightScope Rating (64) and the top rated plan (87) could equate to:
[How is this calculated?]
13 additional years of work
Up to $81,100 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

Town North Bank 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 64. This plan is in the top 35% of plans for Account Balances and Company Generosity. Town North Bank 401k Plan currently has over 200 active participants and over $12.3M in plan assets.

 

 Retirement Plan Details

Address Po Box 814810
Farmers Branch, TX 75381 
Industry Commercial Banking
Administrator Nan Fuller
Net Plan Assets $12,300,000
Total Participants 250
Avg Account Balance $49,000

 Top 3 Funds in this 401k

1. MassMutual Guaranteed Interest Account 42%
2. Fidelity Contrafund 7%
3. American Funds Growth Fund of America 6%

  Plan Service Providers

Insurance Carrier MassMutual
Insurance Advisor/Broker Barry F. Johnson
Auditor McGladrey

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