Sterling Bancorp
71
Plan:
Sterling Bancorp/Sterling National Bank 401k Plan
71
29
66
85
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 14 point difference between this plan's BrightScope Rating (71) and the top rated plan (85) could equate to:
[How is this calculated?]
8 additional years of work
Up to $76,800 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.
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Retirement Plan Description
Sterling Bancorp/Sterling National Bank 401k 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 Salary Deferral. Sterling Bancorp/Sterling National Bank 401k Plan currently has over 600 active participants and over $26.0M in plan assets.
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