Cambridge Savings Bank
79
Plan:
Cambridge Savings Bank Employee Welfare Savings Plan
79
29
66
85
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 6 point difference between this plan's BrightScope Rating (79) and the top rated plan (85) could equate to:
[How is this calculated?]
4 additional years of work
Up to $39,900 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.
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Retirement Plan Description
Cambridge Savings Bank Employee Welfare Savings Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 79, placing it in the top 15% of all plans in its peer group. This plan is also in the top 15% of plans for Account Balances, Company Generosity, and Total Plan Cost. Cambridge Savings Bank Employee Welfare Savings Plan currently has over 300 active participants and over $34.1M in plan assets.
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