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Company:
F&M Bank
Plan:
F&M Bank 401k Profit Sharing Plan and Trust
 

F&M Bank

45 Plan: F&M Bank 401k Profit Sharing Plan and Trust

 
 
45
30
64
75
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 30 point difference between this plan's BrightScope Rating (45) and the top rated plan (75) could equate to:
[How is this calculated?]
10 additional years of work
Up to $102,200 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

F&M Bank 401k Profit Sharing Plan and Trust is a defined contribution plan with a profit-sharing component, 401k feature, and ESOP component. This plan has a BrightScope Rating of 45. This plan is in the top 15% of plans for Investment Menu Quality. F&M Bank 401k Profit Sharing Plan and Trust currently has over 100 active participants and over $6.0M in plan assets.

 

 Retirement Plan Details

Address 25 N Mullan Rd
Spokane Valley, WA 99206-6802 
Industry Commercial Banking
Administrator John R. Tombari
Net Plan Assets $5,990,000
Total Participants 180
Avg Account Balance $34,000

 Top 3 Funds in this 401k

1. Banner Corporation Common Stock 34%
2. John Hancock Funds II Lifestyle Growth 6%
3. John Hancock Funds II Lifestyle Moderate 6%

  Plan Service Providers

Auditor Moss Adams
Insurance Carrier Conseco Life Insurance Company
Insurance Carrier Jackson National Life
Insurance Carrier John Hancock
Insurance Carrier MassMutual
Insurance Advisor/Broker Kms Financial Services, Inc
Insurance Advisor/Broker Mark G. Powers

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