The First National Bank of Long Island
69
Plan:
The First National Bank of Long Island Profit Sharing and 401k Plan
22
66
87
0
10
20
30
40
50
60
70
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90
100
For the average 401k participant, the 18 point difference between this plan's BrightScope Rating (69) and the top rated plan (87) could equate to:
[How is this calculated?]
[How is this calculated?]
11 additional years of work Up to $71,000 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 First National Bank of Long Island Profit Sharing and 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 69. This plan is in the top 15% of plans for Investment Menu Quality. The First National Bank of Long Island Profit Sharing and 401k Plan currently has over 300 active participants and over $20.4M in plan assets.
Retirement Plan Details
| Address |
10 Glen Head Road
Glen Head, NY 11545-1411 |
| Industry | Commercial Banking |
| Administrator | Susan J. Hempton |
| Net Plan Assets | $20,400,000 |
| Total Participants | 340 |
| Avg Account Balance | $60,000 |
Compare Other Companies in Peer Group
| Flushing Savings Bank, FSB | 77.3 |
| The National Bank of Indianapolis | 75.6 |
| Encore Bank, N.A. | 75.6 |
| Citizens National Bank Henderson | 66.8 |
| RCB Holding Company | 66.0 |
| Heritage Financial | 63.6 |
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