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Company:
Lakeland Bancorp
Plan:
Lakeland Bancorp, Inc. Salary Savings 401k Plan and Trust
 

Lakeland Bancorp

67 Plan:

 
 
67
22
67
87
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 20 point difference between this plan's BrightScope Rating (67) and the top rated plan (87) could equate to:
[How is this calculated?]
11 additional years of work
Up to $90,200 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

Lakeland Bancorp, Inc. Salary Savings 401k Plan and Trust is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 67. This plan is in the top 15% of plans for Investment Menu Quality. Lakeland Bancorp, Inc. Salary Savings 401k Plan and Trust currently has over 500 active participants and over $25.6M in plan assets.

 

 
Plan Component Ratings

 Retirement Plan Details

Address 250 Oak Ridge Road
Oak Ridge, NJ 07438 
Industry Commercial Banking
Administrator Connie Meehan
Net Plan Assets $25,600,000
Total Participants 600
Avg Account Balance $44,000

 Compare Other Companies in Peer Group

Hanmi Bank 70.8
Sterling Bancorp 69.4
Financial Institutions 65.0
Seacoast National Bank 63.6
Community Bancshares of Mississippi 55.0
West Suburban Bank 53.7

 Top 3 Funds in this 401k

1. Stadion Managed Moderate 16%
2. SSgA S&P 500 Index 16%
3. Stadion Managed Growth 7%

  Plan Service Providers

Insurance Carrier Guardian Life Insurance Company
Investment Adviser Stadion Money Management
Recordkeeper Stadion Money Management
Recordkeeper Consulting Actuaries, Inc.
Recordkeeper Guardian Life Insurance Company
Auditor Nisivoccia & Co.

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