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Company:
First Manitowoc Bancorp
Plan:
Bank First National Retirement Plan
 

First Manitowoc Bancorp

73 Plan: Bank First National Retirement Plan

 
 
73
11
69
87
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 14 point difference between this plan's BrightScope Rating (73) and the top rated plan (87) could equate to:
[How is this calculated?]
9 additional years of work
Up to $72,800 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

Bank First National Retirement Plan is a defined contribution plan with a profit-sharing component, 401k feature, and ESOP component. This plan has a BrightScope Rating of 73. This plan is in the top 15% of plans for Participation Rate. Bank First National Retirement Plan currently has over 200 active participants and over $19.4M in plan assets.

 

 Retirement Plan Details

Address P.O. Box 10
Manitowoc, WI 54220 
Industry Commercial Banking
Administrator Paul Callan
Net Plan Assets $19,400,000
Total Participants 280
Avg Account Balance $70,000

 Top 3 Funds in this 401k

1. Total Common Stocks 48%
2. American Funds EuroPacific Growth 9%
3. MetLife Stable Value Fund 8%

  Plan Service Providers

Recordkeeper Alerus Financial
Legal Counsel Davis & Kuelthau
Auditor Schenck Sc

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