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Company:
American National Bank of Texas
Plan:
The American National Bank of Texas Employee Stock Ownership Plan and 401k Profit Sharing Plan
 

American National Bank of Texas

71 Plan:

 
 
71
41
67
83
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 (71) and the top rated plan (83) could equate to:
[How is this calculated?]
6 additional years of work
Up to $105,300 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

The American National Bank of Texas Employee Stock Ownership Plan and 401k Profit Sharing Plan is a defined contribution plan with a profit-sharing component, 401k feature, and ESOP component. This plan has a BrightScope Rating of 71. This plan is in the top 15% of plans for Investment Menu Quality. The American National Bank of Texas Employee Stock Ownership Plan and 401k Profit Sharing Plan currently has over 800 active participants and over $39.5M in plan assets.

 

 Retirement Plan Details

Address 113 North Frances
Terrell, TX 75160-2603 
Industry Commercial Banking
Administrator The American National Bank of Texas
Net Plan Assets $39,500,000
Total Participants 830
Avg Account Balance $48,000

 Compare Other Companies in Peer Group

CoBiz Financial 73.3
Taylor Capital Group 72.8
Old Second Bancorp 68.0
Centier Bank 66.1
Durant Bancorp 63.2
Apple Bank for Savings 61.6

 Top 3 Funds in this 401k

1. ANB Bancshares, Inc. Common Stock 28%
2. PSI Total Return 15%
3. PSI Strategic Growth 9%

  Plan Service Providers

Recordkeeper Nationwide
Administration Simpkins & Associates, Inc.
Investment Adviser Portfolio Strategies, Inc.
Legal Counsel Fulbright & Jaworiski, LLP
Auditor Jonesbaggett

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