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Company:
First National Bank of Eastern Arkansas
Plan:
First National Bank of Eastern Arkansas Profit Sharing Plan
 

First National Bank of Eastern Arkansas

47 Plan:

 
 
47
10
66
83
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 36 point difference between this plan's BrightScope Rating (47) and the top rated plan (83) could equate to:
[How is this calculated?]
17 additional years of work
Up to $252,400 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

First National Bank of Eastern Arkansas Profit Sharing Plan is a defined contribution plan with a profit-sharing component. This plan has a BrightScope Rating of 47. This plan is in the top 35% of plans for Account Balances, Company Generosity, and Total Plan Cost. First National Bank of Eastern Arkansas Profit Sharing Plan currently has over 100 active participants and over $8.7M in plan assets.

 

 Retirement Plan Details

Address Po Box 2019
Forrest City, AR 72336-2019 
Industry Commercial Banking
Administrator Roy V. Jackson
Net Plan Assets $8,650,000
Total Participants 140
Avg Account Balance $64,000

 Top 3 Funds in this 401k

1. Cash and Cash Equivalents 35%
2. Total Common Stocks 33%
3. Total US Government Securities 29%

  Plan Service Providers

Auditor Erwin & Co. P.A.
Corporate Trustee First Citizens Bank and Trust

 Comments