First Community Bank
54
Plan:
Heritage Bank 401k Plan
23
62
76
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 22 point difference between this plan's BrightScope Rating (54) and the top rated plan (76) could equate to:
[How is this calculated?]
[How is this calculated?]
9 additional years of work Up to $182,600 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
Heritage Bank 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 54. This plan is in the top 15% of plans for Investment Menu Quality. Heritage Bank 401k Plan currently has over 100 active participants and over $2.3M in plan assets.
Retirement Plan Details
| Address |
Po Box 3686
Albuquerque, NM 87190-3686 |
| Industry | Commercial Banking |
| Administrator | Christopher C. Spencer |
| Net Plan Assets | $2,310,000 |
| Total Participants | 150 |
| Avg Account Balance | $16,000 |
Compare Other Companies in Peer Group
| National Australia Bank | 73.7 |
| Jacksonville Bancorp | 71.7 |
| First Federal of Northern Michigan | 64.8 |
| Capital City Bank | 64.7 |
| Community Shores Bank | 62.0 |
| The Harbor Bank of Maryland | 60.9 |
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