The First, N.A.
64
Plan:
The First, N.A. Savings & Investment Plan
35
65
87
0
10
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100
For the average 401k participant, the 23 point difference between this plan's BrightScope Rating (64) and the top rated plan (87) could equate to:
[How is this calculated?]
[How is this calculated?]
12 additional years of work Up to $125,100 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
The First, N.A. Savings & Investment Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 64. This plan is in the top 15% of plans for Total Plan Cost. The First, N.A. Savings & Investment Plan currently has over 200 active participants and over $11.9M in plan assets.
Retirement Plan Details
| Address |
223 Main Street
Damariscotta, ME 04543 |
| Industry | Commercial Banking |
| Administrator | Susan Norton |
| Net Plan Assets | $11,900,000 |
| Total Participants | 250 |
| Avg Account Balance | $48,000 |
Compare Other Companies in Peer Group
| Independence Bancshares | 71.2 |
| First Dakota Financial | 68.4 |
| Peoples Financial | 66.6 |
| Town North Bank, N.A. | 64.4 |
| Bank of Smithtown | 62.7 |
| The National Bank & Trust Company... | 60.0 |
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