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Company:
Katahdin Trust Company
Plan:
Katahdin Trust Company 401k Plan
 

Katahdin Trust Company

64 Plan: Katahdin Trust Company 401k Plan

 
 
64
8
65
78
0
10
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100
For the average 401k participant, the 14 point difference between this plan's BrightScope Rating (64) and the top rated plan (78) could equate to:
[How is this calculated?]
7 additional years of work
Up to $61,900 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

Katahdin Trust Company 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 64. This plan is in the top 15% of plans for Investment Menu Quality. Katahdin Trust Company 401k Plan currently has over 100 active participants and over $5.8M in plan assets.

 

 Retirement Plan Details

Address Po Box 36
Houlton, ME 04730-0036 
Industry Savings Institutions
Administrator Jon J. Prescott
Net Plan Assets $5,810,000
Total Participants 150
Avg Account Balance $41,000

 Top 3 Funds in this 401k

1. John Hancock Funds II Lifestyle Balanced 39%
2. John Hancock Funds II Lifestyle Growth 34%
3. John Hancock Funds II Lifestyle Moderate 9%

  Plan Service Providers

Auditor Berry Dunn Mcneil & Parker
Insurance Carrier John Hancock
Insurance Advisor/Broker UVEST Financial Services
Insurance Advisor/Broker NBC Securities, Inc.

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