Home  >   401k Directory   >   Amalgamated Bank
 
Company:
Amalgamated Bank
Plan:
Amalgamated Bank 401k Plan for Collectively Bargained Employees
 

Amalgamated Bank

51 Plan:

 
 
51
29
61
74
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 23 point difference between this plan's BrightScope Rating (51) and the top rated plan (74) could equate to:
[How is this calculated?]
11 additional years of work
Up to $128,600 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

Amalgamated Bank 401k Plan for Collectively Bargained Employees is a defined contribution plan with a 401k feature. This plan has a BrightScope Rating of 51. This plan is in the top 35% of plans for Total Plan Cost. Amalgamated Bank 401k Plan for Collectively Bargained Employees currently has over 200 active participants and over $3.9M in plan assets.

 

 Investment Menu Statistics

No. of Investment Options
18
Plan Average: 24
Top 3 Funds in this 401k
1. Bank of America Retirement Preservation Trust 31%
2. BlackRock Capital Appreciation 16%
3. PIMCO GNMA 9%

 Retirement Plan Details

Address 275 Seventh Avenue
New York, NY 10001 
Industry Commercial Banking
Administrator Thomas Wills
Net Plan Assets $3,920,000
Total Participants 250
Avg Account Balance $23,000

  Plan Service Providers

Recordkeeper Bank of America Merrill Lynch
Auditor Grant Thornton LLP

 Comments