Franklin Savings Bank
66
Plan:
Franklin Savings Bank 401k Plan
8
65
78
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 12 point difference between this plan's BrightScope Rating (66) and the top rated plan (78) could equate to:
[How is this calculated?]
[How is this calculated?]
6 additional years of work Up to $47,900 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
Franklin Savings Bank 401k Plan 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 Account Balances. Franklin Savings Bank 401k Plan currently has over 100 active participants and over $14.4M in plan assets.
Retirement Plan Details
| Address |
198 Front St
Farmington, ME 04938-5836 |
| Industry | Savings Institutions |
| Administrator | Shelley W Deane Sr VP |
| Net Plan Assets | $14,400,000 |
| Total Participants | 120 |
| Avg Account Balance | $37,000 |
Compare Other Companies in Peer Group
| Bridgewater Savings Bank | 72.3 |
| The Washington Savings Bank, F.S.B | 70.2 |
| Greenfield Savings Bank | 69.9 |
| Domestic Bank | 68.7 |
| Coastway Community Bank | 65.0 |
| Guardian Savings Bank | 60.6 |
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