Hudson Valley Bank, N.A.
58
Plan:
Hudson Valley Bank 401k Savings Plan
42
67
87
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 29 point difference between this plan's BrightScope Rating (58) and the top rated plan (87) could equate to:
[How is this calculated?]
[How is this calculated?]
15 additional years of work Up to $175,800 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.
Retirement Plan Description
Hudson Valley Bank 401k Savings Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 58. This plan is in the top 35% of plans for Investment Menu Quality and Participation Rate. Hudson Valley Bank 401k Savings Plan currently has over 500 active participants and over $22.3M in plan assets.
Retirement Plan Details
| Address |
21 Scarsdale Road
Yonkers, NY 10707 |
| Industry | Commercial Banking |
| Administrator | James J. Landy |
| Net Plan Assets | $22,300,000 |
| Total Participants | 550 |
| Avg Account Balance | $41,000 |
Compare Other Companies in Peer Group
| Hanmi Bank | 70.8 |
| American National | 65.0 |
| Marquette Bank | 63.5 |
| First United | 58.0 |
| Arrow Financial | 55.3 |
| American State Bank | 42.2 |
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