Adirondack Bank
61
Plan:
Adirondack Bank 401k Thrift Plan
8
63
78
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 17 point difference between this plan's BrightScope Rating (61) and the top rated plan (78) could equate to:
[How is this calculated?]
[How is this calculated?]
8 additional years of work Up to $123,700 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
Adirondack Bank 401k Thrift Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 61. This plan is in the top 35% of plans for Investment Menu Quality, Participation Rate, and Total Plan Cost. Adirondack Bank 401k Thrift Plan currently has over 100 active participants and over $7.7M in plan assets.
Retirement Plan Details
| Address |
67 Main St
Saranac Lake, NY 12983-5747 |
| Industry | Savings Institutions |
| Administrator | Diane King |
| Net Plan Assets | $7,670,000 |
| Total Participants | 170 |
| Avg Account Balance | $22,000 |
Compare Other Companies in Peer Group
| Wauwatosa Savings Bank | 72.6 |
| Unity Bank | 65.5 |
| First Federal Savings Bank of Iowa | 64.9 |
| Maspeth Federal Savings & Loan... | 62.2 |
| Pioneer Bank | 58.8 |
| Presidential Bank | 8.7 |
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