Sumitomo Trust & Banking Co., USA
80
Plan:
STBUSA Tax-Deferred Savings Plan
22
66
84
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 4 point difference between this plan's BrightScope Rating (80) and the top rated plan (84) could equate to:
[How is this calculated?]
[How is this calculated?]
1 additional year of work Up to $24,100 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
STBUSA Tax-Deferred Savings Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 80, placing it in the top 15% of all plans in its peer group. This plan is also in the top 15% of plans for Account Balances, Company Generosity, Participation Rate, and Salary Deferral. STBUSA Tax-Deferred Savings Plan currently has over 200 active participants and over $23.1M in plan assets.
Retirement Plan Details
| Address |
111 River Street
Hoboken, NJ 07030 |
| Industry | Commercial Banking |
| Administrator | Mary Anne Dorsey |
| Net Plan Assets | $23,100,000 |
| Total Participants | 220 |
| Avg Account Balance | $110,000 |
Compare Other Companies in Peer Group
| First Manitowoc Bancorp | 72.9 |
| Mid Illinois Bancorp | 72.5 |
| Citizens First National Bank | 66.9 |
| Waukesha State Bank | 66.0 |
| Community Financial Services | 64.7 |
| First Farmers & Merchants Bank | 52.0 |
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