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Company:
Amalgamated Bank
Plan:
Amalgamated Bank 401k Plan for Non-Collectively Bargaining Employees
 

Amalgamated Bank

77 Plan:

 
 
77
49
70
83
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 6 point difference between this plan's BrightScope Rating (77) and the top rated plan (83) could equate to:
[How is this calculated?]
3 additional years of work
Up to $86,600 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 Non-Collectively Bargaining Employees is a defined contribution plan with a 401k feature. This plan has a BrightScope Rating of 77, placing it in the top 15% of all plans in its peer group. This plan is also in the top 15% of plans for Salary Deferral. Amalgamated Bank 401k Plan for Non-Collectively Bargaining Employees currently has over 200 active participants and over $18.8M in plan assets.


 Investment Menu Statistics

No. of Investment Options
20
Plan Average: 20
Largest Funds in this 401k: based on % allocation of assets
1. Federated Capital Preservation Fund 18%
2. BlackRock Capital Appreciation 10%
3. BlackRock S&P 500 Stock 9%

 Retirement Plan Details

Address 275 7th Avenue
New York, NY 10001 
Industry Commercial Banking
Administrator Carol Wilson
Sponsor John Maiale
Net Plan Assets $18,800,000
Total Participants 300
Avg Account Balance $69,000

 
Plan Service Providers

Recordkeeper Bank of America Merrill Lynch
Auditor Kpmg, LLP