First Bank
66
Plan:
Savings Plan For Employees of First Bank
22
65
87
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 21 point difference between this plan's BrightScope Rating (66) and the top rated plan (87) could equate to:
[How is this calculated?]
[How is this calculated?]
12 additional years of work Up to $89,700 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
Savings Plan For Employees of First Bank is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 66. This plan is in the top 15% of plans for Total Plan Cost. Savings Plan For Employees of First Bank currently has over 100 active participants and over $8.5M in plan assets.
Retirement Plan Details
| Address |
Po Box 7920
2030 Sea Level Drive, Suite 300 Ketchikan, AK 99901 |
| Industry | Commercial Banking |
| Administrator | Cynthia Gardiner |
| Sponsor | James C. Sarvela |
| Net Plan Assets | $8,490,000 |
| Total Participants | 140 |
| Avg Account Balance | $59,000 |
Compare Other Companies in Peer Group
| University Financial Corporation... | 71.5 |
| Kansas State Bank | 69.5 |
| First National Bank of Midwest City | 62.6 |
| Union Bank | 60.9 |
| Great Lakes Financial Resources | 59.3 |
| Great Southern Capital | 57.8 |
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