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Company:
Nara Bank
Plan:
Nara Bank Pension Plan
 

Nara Bank

59 Plan:

 
 
59
22
65
84
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 25 point difference between this plan's BrightScope Rating (59) and the top rated plan (84) could equate to:
[How is this calculated?]
12 additional years of work
Up to $160,700 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

Nara Bank Pension Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 59. This plan is in the top 35% of plans for Salary Deferral. Nara Bank Pension Plan currently has over 400 active participants and over $11.0M in plan assets.

 

 Retirement Plan Details

Address 3731 Wilshire Blvd
Suite 1000
Los Angeles, CA 90010 
Industry Commercial Banking
Administrator Kristy Yun
Net Plan Assets $11,000,000
Total Participants 430
Avg Account Balance $26,000

 Top 3 Funds in this 401k

1. BlackRock Ready Assets Prime Money 11%
2. BlackRock Global Allocation 8%
3. BlackRock Capital Appreciation 7%

  Plan Service Providers

Recordkeeper ADP
Auditor Hothouse, Carlin, Vantright

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