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Company:
Century Bank
Plan:
Century Bank 401k Profit Sharing Plan
 

Century Bank

69 Plan: Century Bank 401k Profit Sharing Plan

 
 
69
10
65
77
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 8 point difference between this plan's BrightScope Rating (69) and the top rated plan (77) could equate to:
[How is this calculated?]
3 additional years of work
Up to $99,100 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

Century Bank 401k Profit Sharing Plan is a defined contribution plan with a 401k feature. This plan has a BrightScope Rating of 69. This plan is in the top 15% of plans for Company Generosity, Investment Menu Quality, and Participation Rate. Century Bank 401k Profit Sharing Plan currently has over 100 active participants and over $4.3M in plan assets.

 

 Retirement Plan Details

Address 100 S. Federal Place
Santa Fe, NM 87501-1964 
Industry Commercial Banking
Administrator Bryan J. Chippeaux
Net Plan Assets $4,260,000
Total Participants 150
Avg Account Balance $31,000

 Top 3 Funds in this 401k

1. Principal Money Market 21%
2. Principal US Property 8%
3. Principal Guaranteed Interest Account 6%

  Plan Service Providers

Auditor Barraclough & Associates
Insurance Carrier Principal Financial Group
Insurance Advisor/Broker Northwestern Mutual
Insurance Advisor/Broker Pension Planning Consultants, Inc.

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