Horizon Bank
59
Plan:
28
65
86
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 27 point difference between this plan's BrightScope Rating (59) and the top rated plan (86) could equate to:
[How is this calculated?]
[How is this calculated?]
13 additional years of work Up to $187,300 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
Horizon Bank Retirement Savings and Investment Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 59. This plan is in the top 35% of plans for Total Plan Cost. Horizon Bank Retirement Savings and Investment Plan currently has over 200 active participants and over $8.9M in plan assets.
Retirement Plan Details
| Address |
40 Pacifica
Irvine, CA 92618 |
| Industry | Offices of Bank Holding Companies |
| Administrator | Jerry Van Tassel |
| Net Plan Assets | $8,870,000 |
| Total Participants | 280 |
| Avg Account Balance | $32,000 |
Compare Other Companies in Peer Group
| United Western Bancorp | 71.8 |
| Summit Financial Group | 65.9 |
| Monroe Bancorp | 64.5 |
| Mesaba Bancshares | 61.8 |
| Ohnward Bancshares | 60.5 |
| Horizon Bancorp | 41.1 |
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