First Federal Bank
64
Plan:
First Federal Savings Bank 401k Profit Sharing Plan and Trust
10
63
82
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 18 point difference between this plan's BrightScope Rating (64) and the top rated plan (82) could equate to:
[How is this calculated?]
[How is this calculated?]
8 additional years of work Up to $178,900 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
First Federal Savings Bank 401k Profit Sharing Plan and Trust 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 15% of plans for Investment Menu Quality. First Federal Savings Bank 401k Profit Sharing Plan and Trust currently has over 100 active participants and over $2.7M in plan assets.
Retirement Plan Details
| Address |
300 N Pennsylvania Ave
Roswell, NM 88201-4664 |
| Industry | Savings Institutions |
| Administrator | Orlene Lucas |
| Sponsor | Marc Reischman |
| Net Plan Assets | $2,720,000 |
| Total Participants | 190 |
| Avg Account Balance | $14,000 |
Compare Other Companies in Peer Group
| Tennessee Central Bancshares | 65.0 |
| Naugatuck Savings Bank | 61.2 |
| Citizens First Bank | 58.3 |
| Citizens National Bank of Paintsville | 55.8 |
| Skowhegan Savings Bank | 54.8 |
| Heritage Commerce | 39.4 |
Comments