TrustCo Bank
45
Plan:
10
63
80
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 35 point difference between this plan's BrightScope Rating (45) and the top rated plan (80) could equate to:
[How is this calculated?]
[How is this calculated?]
16 additional years of work Up to $239,200 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
TrustCo Bank Profit Sharing/401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 45. TrustCo Bank Profit Sharing/401k Plan currently has over 1,200 active participants and over $12.0M in plan assets.
Retirement Plan Details
| Address |
5 Sarnowski Drive
Glenville, NY 12302-3503 |
| Industry | Commercial Banking |
| Administrator | Robert M. Leonard |
| Net Plan Assets | $12,000,000 |
| Total Participants | 1,300 |
| Avg Account Balance | $9,300 |
Compare Other Companies in Peer Group
| Superior Bancorp | 64.9 |
| Sun National Bank | 63.1 |
| STAR Financial Group | 59.9 |
| First M&F | 56.9 |
| Cathay General Bancorp | 52.4 |
| Community Trust Bancorp | 47.8 |
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