Ulster Savings Bank
65
Plan:
Ulster Savings Bank 401k Plan
41
67
83
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 18 point difference between this plan's BrightScope Rating (65) and the top rated plan (83) could equate to:
[How is this calculated?]
[How is this calculated?]
9 additional years of work Up to $146,600 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
Ulster Savings Bank 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 65. This plan is in the top 35% of plans for Account Balances, Company Generosity, Investment Menu Quality, Participation Rate, and Total Plan Cost. Ulster Savings Bank 401k Plan currently has over 400 active participants and over $28.6M in plan assets.
Retirement Plan Details
| Address |
180 Schwenk Drive
Kingston, NY 12401 |
| Industry | Other Depository Credit Intermediation |
| Administrator | Tammy L. Gillon |
| Sponsor | Michael K. Shaughnessy |
| Net Plan Assets | $28,600,000 |
| Total Participants | 420 |
| Avg Account Balance | $69,000 |
Compare Other Companies in Peer Group
| Federal Home Loan Bank of Atlanta | 80.0 |
| Ames National | 77.2 |
| The Bank of East Asia, Limited | 68.4 |
| Heartland Bancorp | 67.4 |
| Univest Corporation of Pennsylvania | 66.1 |
| First Mariner Bancorp | 55.5 |
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