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Company:
Olney Bancshares of Texas, Inc.
Plan:
Olney Bancshares, Inc. Employee 401k Retirement Plan and Trust
 

Olney Bancshares of Texas, Inc.

56 Plan: Olney Bancshares, Inc. Employee 401k Retirement Plan and Trust

 
 
56
10
65
77
0
10
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30
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70
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100
For the average 401k participant, the 21 point difference between this plan's BrightScope Rating (56) and the top rated plan (77) could equate to:
[How is this calculated?]
9 additional years of work
Up to $178,400 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

Olney Bancshares, Inc. Employee 401k Retirement Plan and Trust is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 56. Olney Bancshares, Inc. Employee 401k Retirement Plan and Trust currently has over 400 active participants and over $4.0M in plan assets.

 

 Retirement Plan Details

Address 307 W. Main Street
Olney, TX 76374-1850 
Industry Commercial Banking
Administrator Debbie Shelley
Net Plan Assets $3,980,000
Total Participants 430
Avg Account Balance $10,000

 Compare Other Companies in Peer Group

First Security Group 77.1
Mercantile Bank 72.4
Capital Bank 62.3
The Savannah Bancorp 56.1
RCB Bank 51.3
North Valley Bancorp 32.7

 Top 3 Funds in this 401k

1. MFS Fixed Fund 26%
2. MFS Growth 12%
3. MFS Total Return 12%

  Plan Service Providers

Auditor Welch, Sanders & Associates, LLP
Recordkeeper Sun Life Retirement Services

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