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Company:
Woori America Bank
Plan:
Woori America Bank 401k/Profit Sharing Plan
 

Woori America Bank

57 Plan: Woori America Bank 401k/Profit Sharing Plan

 
 
57
17
63
81
0
10
20
30
40
50
60
70
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100
For the average 401k participant, the 24 point difference between this plan's BrightScope Rating (57) and the top rated plan (81) could equate to:
[How is this calculated?]
11 additional years of work
Up to $122,900 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

Woori America Bank 401k/Profit Sharing Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 57. Woori America Bank 401k/Profit Sharing Plan currently has over 200 active participants and over $3.2M in plan assets.

 

 Retirement Plan Details

Address 1250 Broadway
New York, NY 10001-3701 
Industry Commercial Banking
Administrator Kyou H. Oh
Net Plan Assets $3,210,000
Total Participants 260
Avg Account Balance $13,000

 Compare Other Companies in Peer Group

Republic First Bank 64.6
Independent Bank 62.4
Commonwealth Bankshares 60.5
Patriot Bank 59.2
First Community Bank 54.2
Citizens Trust Bank 50.3

 Top 3 Funds in this 401k

1. MassMutual Guaranteed Interest Account 11%
2. Oppenheimer Global Strategic Income 11%
3. MassMutual Select Mid Cap Growth Equity II 6%

  Plan Service Providers

Insurance Carrier MassMutual
Insurance Advisor/Broker Yunhee Lee
Insurance Advisor/Broker Myeong K Park
Auditor Ace Professional CPA, LLC
Administration Robin S. Weingast & Associates

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