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Company:
Fulton Savings Bank
Plan:
Fulton Savings Bank Thrift Incentive 401k Savings Plan
 

Fulton Savings Bank

65 Plan: Fulton Savings Bank Thrift Incentive 401k Savings Plan

 
 
65
22
65
87
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 22 point difference between this plan's BrightScope Rating (65) and the top rated plan (87) could equate to:
[How is this calculated?]
12 additional years of work
Up to $91,400 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

Fulton Savings Bank Thrift Incentive 401k Savings 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 and Total Plan Cost. Fulton Savings Bank Thrift Incentive 401k Savings Plan currently has over 100 active participants and over $5.0M in plan assets.

 

 Retirement Plan Details

Address 75 South First Street
Fulton, NY 13069 
Industry Commercial Banking
Administrator Nancy Kush Ellis, VP
Net Plan Assets $5,000,000
Total Participants 100
Avg Account Balance $48,000

 Top 3 Funds in this 401k

1. Wells Fargo Stable Value 20%
2. Fiserv Sunrise Balanced Equity Fund 17%
3. Dreyfus Bond Market Index 12%

  Plan Service Provider

Auditor Dermody, Burke & Brown CPA's LLC

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