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Company:
First National Bank Alaska
Plan:
First National Bank Alaska Profit Sharing & 401k Plan
 

First National Bank Alaska

68 Plan: First National Bank Alaska Profit Sharing & 401k Plan

 
 
68
22
66
84
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 16 point difference between this plan's BrightScope Rating (68) and the top rated plan (84) could equate to:
[How is this calculated?]
8 additional years of work
Up to $111,000 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

First National Bank Alaska Profit Sharing & 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 Account Balances, Company Generosity, Investment Menu Quality, Participation Rate, and Total Plan Cost. First National Bank Alaska Profit Sharing & 401k Plan currently has over 800 active participants and over $50.1M in plan assets.

 

 Retirement Plan Details

Address 1751 Gambell
Suite 229
Anchorage, AK 99501 
Industry Commercial Banking
Administrator Ellen Izer
Sponsor David Lawer
Net Plan Assets $50,100,000
Total Participants 810
Avg Account Balance $62,000

 Top 3 Funds in this 401k

1. Dreyfus Institutional Cash Advantage 25%
2. Fidelity Advisor Strategic Income 7%
3. Vanguard 500 Index 6%

  Plan Service Providers

Recordkeeper Newport Group
Investment Adviser NRP Financial
Investment Adviser Financial Advocates Invest Mgmt LLC
Corporate Trustee Wilmington Trust Corp.
Auditor Crowe Horwath LLP

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