American State Bank
42
Plan:
22
66
87
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 45 point difference between this plan's BrightScope Rating (42) and the top rated plan (87) could equate to:
[How is this calculated?]
[How is this calculated?]
21 additional years of work Up to $243,900 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
American State Bank Employee Profit Sharing Plan is a defined contribution plan with a profit-sharing component. This plan has a BrightScope Rating of 42. This plan is in the top 15% of plans for Total Plan Cost. American State Bank Employee Profit Sharing Plan currently has over 500 active participants and over $19.9M in plan assets.
Retirement Plan Details
| Address |
1401 Avenue Q
Lubbock, TX 79408-1401 |
| Industry | Commercial Banking |
| Administrator | Jodie Striley |
| Net Plan Assets | $19,900,000 |
| Total Participants | 540 |
| Avg Account Balance | $41,000 |
Compare Other Companies in Peer Group
| Central Bancshares | 75.9 |
| Hanmi Bank | 70.8 |
| American National | 65.0 |
| Marquette Bank | 63.5 |
| Hudson Valley Bank, N.A. | 58.2 |
| Arrow Financial | 55.3 |
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