Bank of China
72
Plan:
Bank of China 401k Plan
22
69
88
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 16 point difference between this plan's BrightScope Rating (72) and the top rated plan (88) could equate to:
[How is this calculated?]
[How is this calculated?]
10 additional years of work Up to $157,200 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
Bank of China 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 72. This plan is in the top 15% of plans for Account Balances and Salary Deferral. Bank of China 401k Plan currently has over 300 active participants and over $29.0M in plan assets.
Retirement Plan Details
| Address |
410 Madison Ave
New York, NY 10017 |
| Industry | Commercial Banking |
| Administrator | Alan Wong |
| Net Plan Assets | $29,000,000 |
| Total Participants | 350 |
| Avg Account Balance | $82,000 |
Compare Other Companies in Peer Group
| Bryn Mawr Bank | 76.4 |
| Merchants Bank | 67.3 |
| Citizens First National Bank | 66.9 |
| Waukesha State Bank | 66.0 |
| AmeriServ Financial | 60.4 |
| First Farmers & Merchants Bank | 52.0 |
Comments