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Company:
Steuben Trust Company
Plan:
Steuben Trust Company 401k Plan
 

Steuben Trust Company

63 Plan: Steuben Trust Company 401k Plan

 
 
63
30
63
75
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 12 point difference between this plan's BrightScope Rating (63) and the top rated plan (75) could equate to:
[How is this calculated?]
6 additional years of work
Up to $68,700 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

Steuben Trust Company 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 63. This plan is in the top 15% of plans for Investment Menu Quality. Steuben Trust Company 401k Plan currently has over 100 active participants and over $4.8M in plan assets.

 

 Retirement Plan Details

Address 1 Steuben Sq
Hornell, NY 14843-1670 
Industry Commercial Banking
Administrator Sue A. Lacy
Net Plan Assets $4,820,000
Total Participants 140
Avg Account Balance $34,000

 Top 3 Funds in this 401k

1. John Hancock Funds II Lifestyle Balanced 39%
2. John Hancock Funds II Lifestyle Growth 24%
3. John Hancock Funds II Lifestyle Moderate 6%

  Plan Service Providers

Auditor Buffamante Whipple Buttafaro Pc
Insurance Carrier John Hancock
Insurance Advisor/Broker Raymond James
Insurance Advisor/Broker L.R. Webber Associates, Inc.

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