State Bancorp, Inc.
52
Plan:
State Bancorp, Inc. Employee Stock Ownership Plan
52
31
67
89
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 37 point difference between this plan's BrightScope Rating (52) and the top rated plan (89) could equate to:
[How is this calculated?]
19 additional years of work
Up to $213,400 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
State Bancorp, Inc. Employee Stock Ownership Plan is a defined contribution plan with a profit-sharing component, stock bonus component, and ESOP component. This plan has a BrightScope Rating of 52. This plan is in the top 15% of plans for Participation Rate and Total Plan Cost. State Bancorp, Inc. Employee Stock Ownership Plan currently has over 300 active participants and over $14.6M in plan assets.
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