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Company:
Shinhan Bank America
Plan:
Shinhan Bank America 401k Plan
 

Shinhan Bank America

62 Plan: Shinhan Bank America 401k Plan

 
 
62
22
66
87
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 25 point difference between this plan's BrightScope Rating (62) and the top rated plan (87) could equate to:
[How is this calculated?]
13 additional years of work
Up to $141,500 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

Shinhan Bank America 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 62. Shinhan Bank America 401k Plan currently has over 200 active participants and over $3.0M in plan assets.

 

 Retirement Plan Details

Address 330 5th Ave Fl 4
New York, NY 10001 
Industry Commercial Banking
Administrator Jina Kim
Net Plan Assets $2,960,000
Total Participants 220
Avg Account Balance $13,000

 Top 3 Funds in this 401k

1. American Funds EuroPacific Growth 13%
2. Neuberger Berman Mid Cap Growth 11%
3. Invesco Van Kampen Growth & Income 9%

  Plan Service Providers

Insurance Carrier New York Life
Insurance Advisor/Broker New York Life
Auditor P & G Associates

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