The Bank of Fayetteville
55
Plan:
The Bank of Fayetteville Employee Stock Ownership Plan
23
62
75
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 20 point difference between this plan's BrightScope Rating (55) and the top rated plan (75) could equate to:
[How is this calculated?]
[How is this calculated?]
9 additional years of work Up to $110,000 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
The Bank of Fayetteville Employee Stock Ownership Plan is a defined contribution plan with a leveraged ESOP component. This plan has a BrightScope Rating of 55. This plan is in the top 35% of plans for Participation Rate and Total Plan Cost. The Bank of Fayetteville Employee Stock Ownership Plan currently has over 100 active participants and over $2.5M in plan assets.
Retirement Plan Details
| Address |
Po Box 1728
Fayetteville, AR 72702-1728 |
| Industry | Commercial Banking |
| Administrator | Sam Stricklin |
| Net Plan Assets | $2,550,000 |
| Total Participants | 130 |
| Avg Account Balance | $20,000 |
Compare Other Companies in Peer Group
| 1st Independence Financial Group | 70.4 |
| Intercredit Bank N.A. | 67.3 |
| Citizens National Bank | 65.3 |
| First Federal of Northern Michigan | 64.8 |
| Capital City Bank | 64.7 |
| ValueBank Texas | 61.9 |
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