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Company:
Palm Desert National Bank
Plan:
Palm Desert National Bank 401k Profit Sharing Plan
 

Palm Desert National Bank

67 Plan: Palm Desert National Bank 401k Profit Sharing Plan

 
 
67
10
63
82
0
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For the average 401k participant, the 15 point difference between this plan's BrightScope Rating (67) and the top rated plan (82) could equate to:
[How is this calculated?]
7 additional years of work
Up to $154,200 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

Palm Desert National Bank 401k Profit Sharing Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 67. This plan is in the top 35% of plans for Salary Deferral. Palm Desert National Bank 401k Profit Sharing Plan currently has over 200 active participants and over $4.0M in plan assets.

 

 Retirement Plan Details

Address 73734 El Paseo
Palm Desert, CA 92260-4323 
Industry Commercial Banking
Administrator Rhonda Swanson
Net Plan Assets $4,030,000
Total Participants 240
Avg Account Balance $17,000

 Top 3 Funds in this 401k

1. DWS Equity Dividend 14%
2. Prudential Government Securities Money Market 12%
3. Prudential Jennison Utility 10%

  Plan Service Provider

Auditor Larue Corrigan Mccormick & Teasdale

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