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Company:
Pamparo Savings Bank, SLA
Plan:
Pamrapo Savings Bank, S.L.A. Employee Stock Ownership Plan
 

Pamparo Savings Bank, SLA

39 Plan:

 
 
39
29
63
80
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 41 point difference between this plan's BrightScope Rating (39) and the top rated plan (80) could equate to:
[How is this calculated?]
15 additional years of work
Up to $229,100 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.

 

 Comments

Retirement Plan Description

Pamrapo Savings Bank, S.L.A. Employee Stock Ownership Plan is a defined contribution plan with a ESOP component. This plan has a BrightScope Rating of 39. This plan is in the top 15% of plans for Participation Rate and Total Plan Cost. Pamrapo Savings Bank, S.L.A. Employee Stock Ownership Plan currently has over 100 active participants and over $6.4M in plan assets.

 Retirement Plan Details

Address 611 Avenue C
Bayonne, NJ 07002-3813 
Industry Savings Institutions
Administrator Kenneth D. Lidlten
Net Plan Assets $6,430,000
Total Participants 130
Avg Account Balance $49,000

 Top 2 Funds in this 401k

1. Pamrapo Bancorp, Inc. Common Stock 99%
2. Federated Prime Value Obligations Money Market 0%

  Plan Service Provider

Auditor ParenteBeard, LLC

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