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Company:
Bank of American Fork
Plan:
Bank of American Fork Employees' Profit Sharing Plan
 

Bank of American Fork

63 Plan: Bank of American Fork Employees' Profit Sharing Plan

 
 
63
22
67
87
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 24 point difference between this plan's BrightScope Rating (63) and the top rated plan (87) could equate to:
[How is this calculated?]
13 additional years of work
Up to $76,800 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

Bank of American Fork Employees' Profit Sharing Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 63. This plan is in the top 35% of plans for Participation Rate. Bank of American Fork Employees' Profit Sharing Plan currently has over 300 active participants and over $15.5M in plan assets.

 

 
Plan Component Ratings

 Retirement Plan Details

Address 33 East Main
American Fork, UT 84003 
Industry Commercial Banking
Administrator Larry R. Miner
Net Plan Assets $15,500,000
Total Participants 350
Avg Account Balance $45,000

 Compare Other Companies in Peer Group

First Dakota Financial 72.3
Independence Bancshares 70.2
Pacific Continental Bank 67.0
VIST Financial 65.1
Chinatrust Bank USA 64.3
First Southern Bancorp 48.3

 Top 3 Funds in this 401k

1. Gartmore Morley Stable Value 15%
2. PIMCO Total Return 13%
3. American Century Inflation-Adjusted Bond 9%

  Plan Service Providers

Recordkeeper Rocky Mountain Employee Benefits
Investment Adviser Soltis Investment Advisors
Auditor Tanner Lc

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