State Bank of Long Island
74
Plan:
State Bank of Long Island 401k Retirement Plan and Trust
22
66
87
0
10
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40
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60
70
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100
For the average 401k participant, the 13 point difference between this plan's BrightScope Rating (74) and the top rated plan (87) could equate to:
[How is this calculated?]
[How is this calculated?]
8 additional years of work Up to $51,600 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
State Bank of Long Island 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 74. This plan is in the top 35% of plans for Account Balances, Company Generosity, Participation Rate, and Salary Deferral. State Bank of Long Island 401k Retirement Plan and Trust currently has over 300 active participants and over $19.3M in plan assets.
Retirement Plan Details
| Address |
2 Jericho Plaza
Wing C Jericho, NY 11753 |
| Industry | Commercial Banking |
| Administrator | Mary Durkin |
| Net Plan Assets | $19,300,000 |
| Total Participants | 350 |
| Avg Account Balance | $56,000 |
Compare Other Companies in Peer Group
| The National Bank of Indianapolis | 75.6 |
| MetroCorp Bancshares | 71.9 |
| The First National Bank of Long... | 68.6 |
| Bank Iowa | 67.5 |
| Citizens National Bank Henderson | 66.8 |
| First Financial Bank | 49.8 |
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