Adirondack Trust Company
70
Plan:
The Adirondack Trust Company Employee Stock Ownership Plan
22
65
87
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 17 point difference between this plan's BrightScope Rating (70) and the top rated plan (87) could equate to:
[How is this calculated?]
[How is this calculated?]
10 additional years of work Up to $110,400 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.
Retirement Plan Description
The Adirondack Trust Company Employee Stock Ownership Plan is a defined contribution plan with a 401k feature and leveraged ESOP component. This plan has a BrightScope Rating of 70. This plan is in the top 15% of plans for Account Balances, Company Generosity, Investment Menu Quality, and Total Plan Cost. The Adirondack Trust Company Employee Stock Ownership Plan currently has over 300 active participants and over $36.0M in plan assets.
Retirement Plan Details
| Address |
473 Broadway
Saratoga Springs, NY 12866 |
| Industry | Commercial Banking |
| Administrator | John Arnold |
| Net Plan Assets | $36,000,000 |
| Total Participants | 370 |
| Avg Account Balance | $100,000 |
Compare Other Companies in Peer Group
| City National Bank of Florida | 74.7 |
| Bank of China | 71.6 |
| Merchants Bank | 67.3 |
| Lakeland Financial | 66.7 |
| Waukesha State Bank | 66.0 |
| Firstrust Savings Bank | 62.7 |
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