Overview

Plan Rating

BrightScope Rating
72
Lowest Rating in Peer Group
Average Rating in Peer Group
Highest Rating in Peer Group
0102030405060708090100
Lowest in Peer Group (14)
Average in Peer Group (75)
Highest in Peer Group (91)

Plan Description

Thrift Plan for Employees of S&T Bank is a defined contribution plan with a profit-sharing component, 401k feature, and ESOP component. This plan has a BrightScope Rating of 72. This plan is in the top 15% of plans for Total Plan Cost. Thrift Plan for Employees of S&T Bank currently has over 1,400 active participants and over $99.2M in plan assets.

Did you know?

For the average 401k participant, the 19 point difference between this plan's BrightScope Rating (72) and the top rated plan (91) could equate to:
13
Additional years of work
32,802
Lost 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. How is this calculated?

Plan Details

Plan Details Relevant details about the plan and the plan sponsor, including the address and industry of the plan sponsor and the size of the plan in assets and participants.

 
Plan data accurate as of 12/31/2019
Plan data has been audited by an Independent Qualified Public Accountant (IQPA).
Address P. O. Box 190 800 Philadelphia Street
  • Location
    Indiana , PA
  • 15701-0190
  • Industry
    Commercial Banking
  • Administrator
    Timothy Mckee
  • Net Plan Assets
    $99,200,000
  • Total Participants
    1,400
  • Avg Account Balance
    $81,000

Plan Components

Component Ratings

Design

Total Plan Cost:
Lowest Fees
Company Generosity:
Average

Performance

Participation Rate:
Average
Salary Deferrals:
Above Average
Account Balance:
Above Average

Design

Total Plan Cost:
Lowest Fees
Company Generosity:
Average

Performance

Participation Rate:
Average
Salary Deferrals:
Average
Account Balance:
Above Average

Peer Group Plans

Company Rating
Bangor Savings Bank 79.4
First Bancorp 77.4
Fidelity Southern 76.8
Republic Bancorp 73.1
Apple Bank for Savings 72.3
Investors Bank 53.6

Top Industry Articles

Investments

Investment Menu Stats

# of Investment Options

15

(Plan Average: 20)

Largest Funds in this Plan Allocation of Assets 1 YR Rank in Category
S&T Bancorp, Inc. Common Stock 19%
N/A
Dodge & Cox Balanced 16%
51%
Vanguard 500 Index 12%
13%
Fund hidden
100%
Fund hidden
100%
Fund hidden
100%
Fund hidden
100%
View all funds in this plan

Providers

Plan Service Providers

SERVICE PROVIDER
Recordkeeper
Transamerica
Auditor
Schneider Downs & Co., Inc.

Articles and Questions

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