Westsound Bank
68
Plan:
Westsound Bank 401k Plan
23
62
75
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 7 point difference between this plan's BrightScope Rating (68) and the top rated plan (75) could equate to:
[How is this calculated?]
[How is this calculated?]
4 additional years of work Up to $13,200 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
Westsound Bank 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 68. This plan is in the top 35% of plans for Salary Deferral. Westsound Bank 401k Plan currently has over 100 active participants and over $1.1M in plan assets.
Retirement Plan Details
| Address |
Po Box 405
Bremerton, WA 98337-0100 |
| Industry | Commercial Banking |
| Sponsor | Marc D Freeman Evp |
| Net Plan Assets | $1,060,000 |
| Total Participants | 110 |
| Avg Account Balance | $9,100 |
Compare Other Companies in Peer Group
| Federal Trust Bank | 66.5 |
| Millennium Bankshares | 60.7 |
| Heritage Banking Group | 59.0 |
| Progressive Bancorp | 56.8 |
| Metcalf Bank | 54.5 |
| Wayne Savings Community Bank | 34.0 |
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