Suffolk County National Bank
64
Plan:
Suffolk County National Bank 401k Savings & Protection Plan
22
67
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?]
[How is this calculated?]
13 additional years of work Up to $94,200 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
Suffolk County National Bank 401k Savings & Protection 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 Participation Rate and Total Plan Cost. Suffolk County National Bank 401k Savings & Protection Plan currently has over 300 active participants and over $18.0M in plan assets.
Retirement Plan Details
| Address |
P.O. Box 9000
Riverhead, NY 11901 |
| Industry | Commercial Banking |
| Administrator | Nancy Jacob |
| Net Plan Assets | $18,000,000 |
| Total Participants | 360 |
| Avg Account Balance | $52,000 |
Compare Other Companies in Peer Group
| MetroCorp Bancshares | 71.9 |
| South Valley Bancorp | 69.4 |
| Emprise Bank | 68.9 |
| RCB Holding Company | 66.0 |
| Heritage Financial | 63.6 |
| Hawthorn Bancshares | 60.0 |
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