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Company:
Arrow Financial Corporation
Plan:
Arrow Financial Corporation Employee Stock Ownership Plan
 

Arrow Financial Corporation

55 Plan:

 
 
55
22
66
83
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 (55) and the top rated plan (83) could equate to:
[How is this calculated?]
13 additional years of work
Up to $128,000 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

Arrow Financial Corporation Employee Stock Ownership Plan is a defined contribution plan with a leveraged ESOP component. This plan has a BrightScope Rating of 55. This plan is in the top 15% of plans for Participation Rate and Total Plan Cost. Arrow Financial Corporation Employee Stock Ownership Plan currently has over 400 active participants and over $24.7M in plan assets.

 

 Retirement Plan Details

Address 250 Glen Street
Glens Falls, NY 12801 
Industry Commercial Banking
Administrator Peter J. Lareau
Net Plan Assets $24,700,000
Total Participants 480
Avg Account Balance $45,000

 Compare Other Companies in Peer Group

Central Bancshares 75.9
Hanmi Bank 70.8
Emprise Bank 68.9
American National 65.0
Alpine Bancorporation 64.4
Marquette Bank 63.5

 Top 2 Funds in this 401k

1. Arrow Financial Corporation Common Stock 98%
2. Cash and Cash Equivalents 1%

  Plan Service Provider

Auditor Whittemore Dowen & Ricciardelli LLC

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