Valley National Bancorp
59
Plan:
Valley National Bank Savings and Investment Plan
22
66
87
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 28 point difference between this plan's BrightScope Rating (59) and the top rated plan (87) could equate to:
[How is this calculated?]
[How is this calculated?]
14 additional years of work Up to $231,200 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
Valley National Bank Savings and Investment Plan is a defined contribution plan with a profit-sharing component, 401k feature, and ESOP component. This plan has a BrightScope Rating of 59. This plan is in the top 15% of plans for Total Plan Cost. Valley National Bank Savings and Investment Plan currently has over 3,300 active participants and over $93.7M in plan assets.
Retirement Plan Details
| Address |
1455 Valley Road
Wayne, NJ 07470 |
| Industry | Commercial Banking |
| Administrator | Carol B. Diesner |
| Sponsor | Alan Eskow |
| Net Plan Assets | $93,700,000 |
| Total Participants | 3,300 |
| Avg Account Balance | $28,000 |
Compare Other Companies in Peer Group
| Susquehanna Bancshares | 67.5 |
| F.N.B. | 66.4 |
| Flagstar Bancorp | 61.2 |
| Citizens Republic Bancorp | 60.1 |
| Rabobank, N.A. | 59.0 |
| UMB Financial | 42.9 |
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