Standard Chartered Bank
79
Plan:
Standard Chartered Bank Employees Capital Accumulation Plan
38
67
87
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 8 point difference between this plan's BrightScope Rating (79) and the top rated plan (87) could equate to:
[How is this calculated?]
[How is this calculated?]
5 additional years of work Up to $108,200 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
Standard Chartered Bank Employees Capital Accumulation Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 79, placing it in the top 15% of all plans in its peer group. This plan is also in the top 15% of plans for Account Balances, Company Generosity, Salary Deferral, and Total Plan Cost. Standard Chartered Bank Employees Capital Accumulation Plan currently has over 1,100 active participants and over $85.2M in plan assets.
Retirement Plan Details
| Address |
2 Gateway Center
Suite 1302 Newark, NJ 07102 |
| Industry | All Other Nondepository Credit Intermediation |
| Administrator | Sriram S Ramkumar |
| Net Plan Assets | $85,200,000 |
| Total Participants | 1,200 |
| Avg Account Balance | $71,000 |
Compare Other Companies in Peer Group
| Capmark Financial Group | 82.4 |
| Radian Group | 80.2 |
| Holliday Fenoglio Fowler, L.P. | 79.0 |
| PHH | 75.9 |
| PSCU Financial Services | 73.7 |
| Great Lakes Higher Education | 61.2 |
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