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Company:
MBank
Plan:
MBank 401k Plan
 

MBank

72 Plan: MBank 401k Plan

 
 
72
30
62
75
0
10
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30
40
50
60
70
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100
For the average 401k participant, the 3 point difference between this plan's BrightScope Rating (72) and the top rated plan (75) could equate to:
[How is this calculated?]
2 additional years of work
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

MBank 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 72, placing it in the top 15% of all plans in its peer group. This plan is also in the top 15% of plans for Investment Menu Quality. MBank 401k Plan currently has over 100 active participants and over $3.3M in plan assets.

 

 Retirement Plan Details

Address Po Box 504
Gresham, OR 97030-0114 
Industry Commercial Banking
Administrator Jefry Baker
Net Plan Assets $3,250,000
Total Participants 120
Avg Account Balance $27,000

 Top 3 Funds in this 401k

1. Franklin Income 8%
2. Nationwide Money Market 8%
3. Oppenheimer Global Opportunities 7%

  Plan Service Provider

Auditor Moss Adams

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