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Company:
Mega International Commercial Bank Co., Ltd.
Plan:
Mega International Commercial Bank Ltd. 401k Retirement Plan
 

Mega International Commercial Bank Co., Ltd.

74 Plan: Mega International Commercial Bank Ltd. 401k Retirement Plan

 
 
74
35
65
89
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 15 point difference between this plan's BrightScope Rating (74) and the top rated plan (89) could equate to:
[How is this calculated?]
10 additional years of work
Up to $50,400 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

Mega International Commercial Bank Ltd. 401k Retirement Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 74, placing it in the top 15% of all plans in its peer group. This plan is also in the top 15% of plans for Account Balances and Salary Deferral. Mega International Commercial Bank Ltd. 401k Retirement Plan currently has over 100 active participants and over $11.6M in plan assets.

 

 Investment Menu Statistics

No. of Investment Options
34
Plan Average: 24
Largest Funds in this 401k: based on % allocation of assets
1. Prudential Guaranteed Interest Account 29%
2. Prudential Jennison Utility 9%
3. Prudential Jennison Blend 8%

 Retirement Plan Details

Address 65 Liberty Street
New York, NY 10005 
Industry Commercial Banking
Administrator Chien-Du Jan
Net Plan Assets $11,600,000
Total Participants 130
Avg Account Balance $96,000

  Plan Service Providers

Insurance Carrier Prudential
Insurance Advisor/Broker Morgan Stanley
Insurance Advisor/Broker Citigroup
Auditor Rosen Seymour Shapss Martin & Co.

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