Overview

Plan Rating

BrightScope Rating
89
Lowest Rating in Peer Group
Average Rating in Peer Group
Highest Rating in Peer Group
0102030405060708090100
Lowest in Peer Group (36)
Average in Peer Group (72)
Highest in Peer Group (89)

Plan Description

China Merchants Bank 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 89, placing it in the top 15% of all plans in its peer group. This plan is also in the top 15% of plans for Company Generosity, Participation Rate, Salary Deferral, and Total Plan Cost. China Merchants Bank 401k Plan currently has over 100 active participants and over $11.2M in plan assets.
Congratulations!
This plan has the highest rating in its peer group.

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 12/31/2018
Plan data has been audited by an Independent Qualified Public Accountant (IQPA).
Address 535 Madison Avenue, 18th Floor
  • Location
    New York , NY
  • 10022
  • Industry
    Commercial Banking
  • Administrator
    Joseph Loffredo
  • Net Plan Assets
    $11,200,000
  • Total Participants
    160
  • Avg Account Balance
    $69,000

Plan Components

Component Ratings

Design

Total Plan Cost:
Lowest Fees
Company Generosity:
Great

Performance

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

Design

Total Plan Cost:
Lowest Fees
Company Generosity:
Great

Performance

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

Top Industry Articles

Investments

Investment Menu Stats

# of Investment Options

88

(Plan Average: 20)

Largest Funds in this Plan Allocation of Assets 1 YR Rank in Category
Vanguard Group Target Retirement 18%
10%
Vanguard 500 Index 17%
18%
Nationwide Guaranteed Investment Contract 14%
N/A
Fund hidden
100%
Fund hidden
100%
Fund hidden
100%
Fund hidden
100%
View all funds in this plan

Providers

Plan Service Providers

SERVICE PROVIDER
Insurance Carrier
Nationwide Life Insurance Company
Recordkeeper
Intac Actuarial Services, Inc.
Investment Adviser
TD Ameritrade Trust Company
Auditor
Weisermazars Wealth Advisors, LLC

Articles and Questions

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