Teche Federal Bank
55
Plan:
Teche Federal Bank Employee Stock Ownership Plan
17
63
86
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 31 point difference between this plan's BrightScope Rating (55) and the top rated plan (86) could equate to:
[How is this calculated?]
[How is this calculated?]
14 additional years of work Up to $214,900 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
Teche Federal Bank Employee Stock Ownership Plan is a defined contribution plan with a stock bonus component and ESOP component. This plan has a BrightScope Rating of 55. This plan is in the top 15% of plans for Total Plan Cost. Teche Federal Bank Employee Stock Ownership Plan currently has over 200 active participants and over $9.0M in plan assets.
Retirement Plan Details
| Address |
P.O. Box 9670
New Iberia, LA 70562-9670 |
| Industry | Commercial Banking |
| Administrator | (-H Iiij V I'Al |
| Net Plan Assets | $9,040,000 |
| Total Participants | 240 |
| Avg Account Balance | $31,000 |
Compare Other Companies in Peer Group
| Newtown Savings Bank | 69.3 |
| Timberland Bank | 68.6 |
| Home Federal Bancorp | 67.7 |
| 65.1 | |
| Massbank | 58.2 |
| First Federal Bank, F.S.B. | 53.7 |
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