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Company:
Happy Bancshares, Inc.
Plan:
Happy Bancshares, Inc. Employee Stock Ownership Plan with 401k Provisions
 

Happy Bancshares, Inc.

74 Plan: Happy Bancshares, Inc. Employee Stock Ownership Plan with 401k Provisions

 
 
74
39
75
88
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 14 point difference between this plan's BrightScope Rating (74) and the top rated plan (88) could equate to:
[How is this calculated?]
9 additional years of work
Up to $51,300 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

Happy Bancshares, Inc. Employee Stock Ownership Plan with 401k Provisions is a defined contribution plan with a profit-sharing component, 401k feature, and ESOP component. This plan has a BrightScope Rating of 74. This plan is in the top 15% of plans for Investment Menu Quality and Total Plan Cost. Happy Bancshares, Inc. Employee Stock Ownership Plan with 401k Provisions currently has over 400 active participants and over $16.6M in plan assets.

 

 Retirement Plan Details

Address 701 S. Taylor, Suite 200
Amarillo, TX 79101 
Industry Offices of Physicians (except Mental Health Specialists)
Administrator J. Pat Hickman
Net Plan Assets $16,600,000
Total Participants 430
Avg Account Balance $39,000

 Top 3 Funds in this 401k

1. Happy Bancshares, Inc. Common Stock 88%
2. John Hancock Money Market 1%
3. Participant Loans 1%

  Plan Service Providers

Insurance Carrier John Hancock
Insurance Advisor/Broker Dennis R. Plyler
Recordkeeper John Hancock
Auditor Davis Kinard & Co, CPAS

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