Home State Bank, N.A.
42
Plan:
Home State Bank, N.A. Profit Sharing Plan and Trust
22
65
87
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 45 point difference between this plan's BrightScope Rating (42) and the top rated plan (87) could equate to:
[How is this calculated?]
[How is this calculated?]
21 additional years of work Up to $249,300 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
Home State Bank, N.A. Profit Sharing Plan and Trust is a defined contribution plan with a profit-sharing component. This plan has a BrightScope Rating of 42. This plan is in the top 15% of plans for Total Plan Cost. Home State Bank, N.A. Profit Sharing Plan and Trust currently has over 100 active participants and over $6.8M in plan assets.
Retirement Plan Details
| Address |
P.O. Box 1738
40 Grant Street Crystal Lake, IL 60039-1738 |
| Industry | Commercial Banking |
| Administrator | Thomas W. Baranko |
| Net Plan Assets | $6,760,000 |
| Total Participants | 160 |
| Avg Account Balance | $43,000 |
Compare Other Companies in Peer Group
| University Financial Corporation... | 71.5 |
| Crescent Financial | 71.4 |
| Kansas State Bank | 69.5 |
| Heritage Bancshares Group | 68.9 |
| The Dime Bank | 66.9 |
| Union Bank | 60.9 |
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