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Company:
The Bank of East Asia, Limited
Plan:
The Bank of East Asia, Limited Savings Plan
 

The Bank of East Asia, Limited

68 Plan: The Bank of East Asia, Limited Savings Plan

 
 
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86
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For the average 401k participant, the 18 point difference between this plan's BrightScope Rating (68) and the top rated plan (86) could equate to:
[How is this calculated?]
10 additional years of work
Up to $137,100 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 Bank of East Asia, Limited Savings Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 68. This plan is in the top 35% of plans for Account Balances, Salary Deferral, and Total Plan Cost. The Bank of East Asia, Limited Savings Plan currently has over 300 active participants and over $17.5M in plan assets.

 

 Investment Menu Statistics

No. of Investment Options
18
Plan Average: 24
Top 3 Funds in this 401k
1. Invesco Stable Value Fund 39%
2. BlackRock Equity Dividend 10%
3. Invesco International Growth 10%

 Retirement Plan Details

Address 202 Canal Street
New York, NY 10013-0000 
Industry Other Depository Credit Intermediation
Administrator Hans H Johannsen
Sponsor Hans H. Johannsen
Net Plan Assets $17,500,000
Total Participants 340
Avg Account Balance $56,000

 Compare Other Companies in Peer Group

Ames National 77.3
Kitsap Bank 66.5
Ulster Savings Bank 63.0
Heartland Bancorp 61.3
Applied Card Systems 57.6
HomeStreet 49.4

  Plan Service Providers

Recordkeeper Bank of America Merrill Lynch
Auditor Caron & Bletzer, PLLC

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