American State Bank Employee Profit Sharing Plan is a defined contribution plan with a profit-sharing component. This plan has a BrightScope Rating of 55. This plan is in the top 35% of plans for Company Generosity, Participation Rate, and Total Plan Cost. American State Bank Employee Profit Sharing Plan currently has over 500 active participants and over $17.2M in plan assets.
| Address |
1401 Avenue Q
Lubbock, TX 79408-1401 |
| Industry | Commercial Banking |
| Administrator | Kelly Murphy |
| Net Plan Assets | $17,200,000 |
| Total Participants | 530 |
| Avg Account Balance | $36,000 |
| American National | 65.6 |
| Marquette Bank | 64.2 |
| Southern Bank and Trust Company | 61.9 |
| Hudson Valley Bank, N.A. | 60.9 |
| First United | 57.7 |
| Arrow Financial | 55.0 |
| 1. | Total US Government Securities | 49% |
| 2. | American State Financial Corporation Common Stock | 11% |
| 3. | Total Corporate Bonds | 5% |

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