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Company:
Washington Trust Bank
Plan:
WTB Defined Contribution Retirement and 401k Plan
 

Washington Trust Bank

72 Plan: WTB Defined Contribution Retirement and 401k Plan

 
 
72
29
66
89
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 17 point difference between this plan's BrightScope Rating (72) and the top rated plan (89) could equate to:
[How is this calculated?]
10 additional years of work
Up to $154,200 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

WTB Defined Contribution Retirement and 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 72. This plan is in the top 35% of plans for Company Generosity, Participation Rate, and Salary Deferral. WTB Defined Contribution Retirement and 401k Plan currently has over 1,000 active participants and over $47.3M in plan assets.

 

 Investment Menu Statistics

No. of Investment Options
18
Plan Average: 24
Top 3 Funds in this 401k
1. Federated Capital Preservation Fund 19%
2. Federated Total Return Bond 10%
3. Federated Max-Cap Index 10%

 Retirement Plan Details

Address 717 West Sprague, Suite 900
Spokane, WA 99201 
Industry Commercial Banking
Administrator Steve Sherman
Net Plan Assets $47,300,000
Total Participants 1,100
Avg Account Balance $45,000

  Plan Service Provider

Auditor Moss Adams Wealth Advisors LLC

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