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Company:
Hanmi Bank
Plan:
Hanmi Bank Profit Sharing and 401k Savings Plan
 

Hanmi Bank

71 Plan: Hanmi Bank Profit Sharing and 401k Savings Plan

 
 
71
40
65
80
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 9 point difference between this plan's BrightScope Rating (71) and the top rated plan (80) could equate to:
[How is this calculated?]
5 additional years of work
Up to $36,300 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

Hanmi Bank Profit Sharing and 401k Savings Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 71. This plan is in the top 35% of plans for Account Balances, Company Generosity, and Total Plan Cost. Hanmi Bank Profit Sharing and 401k Savings Plan currently has over 500 active participants and over $23.9M in plan assets.

 

 Investment Menu Statistics

No. of Investment Options
22
Plan Average: 24
Top 3 Funds in this 401k
1. American Funds Growth Fund of America 18%
2. American Funds New Perspective 13%
3. American Funds American Balanced 10%

 
Plan Component Ratings

 Retirement Plan Details

Address 3660 Wilshire Blvd
Ph A
Los Angeles, CA 90010 
Industry Commercial Banking
Administrator Myung Hee Kim
Net Plan Assets $23,900,000
Total Participants 530
Avg Account Balance $50,000

 Compare Other Companies in Peer Group

Standard Bank and Trust Company 68.0
First Bank and Trust 64.4
Marquette Bank 63.5
Hudson Valley Bank, N.A. 58.2
First United 58.0
Fremont Bancorporation 53.2

  Plan Service Providers

Recordkeeper Ascensus, Inc.
Auditor Kim and Lee Corporation, CPA's

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