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Company:
Ocean City Home Bank
Plan:
Ocean City Home Bank Savings & Investment Plan
 

Ocean City Home Bank

66 Plan:

 
 
66
8
64
78
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 12 point difference between this plan's BrightScope Rating (66) and the top rated plan (78) could equate to:
[How is this calculated?]
6 additional years of work
Up to $50,200 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

Ocean City Home Bank Savings & Investment Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 66. This plan is in the top 35% of plans for Total Plan Cost. Ocean City Home Bank Savings & Investment Plan currently has over 100 active participants and over $4.9M in plan assets.

 

 Retirement Plan Details

Address 105 Roosevelt Blvd
Marmora, NJ 08223-1413 
Industry Savings Institutions
Administrator Emily J. Bruley
Net Plan Assets $4,910,000
Total Participants 160
Avg Account Balance $31,000

 Compare Other Companies in Peer Group

Oritani Bank 68.0
Magna Bank 67.5
East Cambridge Savings Bank 66.8
Wood & Huston Bancorporation 58.9
Pioneer Bank 58.8
Presidential Bank 8.7

 Top 3 Funds in this 401k

1. Ocean Shore Holding Company 16%
2. American Funds American Balanced 15%
3. Thornburg International Value 11%

  Plan Service Providers

Auditor WithumSmith + Brown, PC
Corporate Trustee Prudential

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