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Company:
Dime Community Bancshares, Inc.
Plan:
The Employee Stock Ownership Plan of Dime Community Bancshares, Inc. and Certain Affiliates
 

Dime Community Bancshares, Inc.

42 Plan: The Employee Stock Ownership Plan of Dime Community Bancshares, Inc. and Certain Affiliates

 
 
42
29
67
85
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 43 point difference between this plan's BrightScope Rating (42) and the top rated plan (85) could equate to:
[How is this calculated?]
16 additional years of work
Up to $286,200 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

The Employee Stock Ownership Plan of Dime Community Bancshares, Inc. and Certain Affiliates is a defined contribution plan with a stock bonus component and leveraged ESOP component. This plan has a BrightScope Rating of 42. This plan is in the top 15% of plans for Account Balances, Participation Rate, and Total Plan Cost. The Employee Stock Ownership Plan of Dime Community Bancshares, Inc. and Certain Affiliates currently has over 400 active participants and over $40.8M in plan assets.

 

 Investment Menu Statistics

No. of Investment Options
2
Plan Average: 24
Top 2 Funds in this 401k
1. Dime Community Bancshares, Inc. Common Stock 99%
2. Federated Government Obligations Money Market 0%

 
Plan Component Ratings

 Retirement Plan Details

Address 209 Havemeyer Street
Williamsbridge Plaza
Brooklyn, NY 11211 
Industry Savings Institutions
Administrator David Mcdowell
Net Plan Assets $40,800,000
Total Participants 480
Avg Account Balance $85,000

 Compare Other Companies in Peer Group

Cambridge Savings Bank 78.7
The Cape Cod Five Cents Savings Bank 78.5
Community Bank 74.7
Merchants Bank 69.6
The Bank of Edwardsville 69.6
Dime Community Bancshares 66.6

  Plan Service Provider

Auditor Crowe Horwath LLP

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