Lake Sunapee Bank
71
Plan:
The Lake Sunapee Bank Profit Sharing - Stock Ownership Plan
17
63
87
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 16 point difference between this plan's BrightScope Rating (71) and the top rated plan (87) could equate to:
[How is this calculated?]
[How is this calculated?]
9 additional years of work Up to $27,200 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
The Lake Sunapee Bank Profit Sharing - Stock Ownership Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 71, placing it in the top 15% of all plans in its peer group. This plan is also in the top 15% of plans for Participation Rate. The Lake Sunapee Bank Profit Sharing - Stock Ownership Plan currently has over 200 active participants and over $6.4M in plan assets.
Retirement Plan Details
| Address |
9 Main Street
Newport, NH 03773 |
| Industry | Commercial Banking |
| Administrator | Stephen R Theroux |
| Net Plan Assets | $6,350,000 |
| Total Participants | 280 |
| Avg Account Balance | $29,000 |
Compare Other Companies in Peer Group
| Montgomery Bancorporation | 65.2 |
| Cashmere Valley Bank | 64.2 |
| The Bank of the Pacific | 62.9 |
| United Prairie Bank | 62.0 |
| Central Financial Services | 61.8 |
| Highland Union Bank | 58.8 |
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