Overview

Plan Rating

BrightScope Rating
66
Lowest Rating in Peer Group
Average Rating in Peer Group
Highest Rating in Peer Group
0102030405060708090100
Lowest in Peer Group (34)
Average in Peer Group (71)
Highest in Peer Group (90)

Plan Description

The Park National Corporation Employees Stock Ownership Plan is a defined contribution plan with a 401k feature and ESOP component. This plan has a BrightScope Rating of 66. This plan is in the top 15% of plans for Total Plan Cost. The Park National Corporation Employees Stock Ownership Plan currently has over 2,200 active participants and over $110.8M in plan assets.

Did you know?

For the average 401k participant, the 24 point difference between this plan's BrightScope Rating (66) and the top rated plan (90) could equate to:
14
Additional years of work
71,295
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 12/31/2014
Plan data has been audited by an Independent Qualified Public Accountant (IQPA).
Address 50 North Third Street
  • Location
    Newark , OH
  • 43055
  • Industry
    Commercial Banking
  • Administrator
    Laura Lewis
  • Sponsor
    Brady Burt
  • Net Plan Assets
    $111,000,000
  • Total Participants
    2,300
  • Avg Account Balance
    $60,000

Plan Components

Component Ratings

Design

Total Plan Cost:
Lowest Fees
Company Generosity:
Below Avg.

Performance

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

Design

Total Plan Cost:
Lowest Fees
Company Generosity:
Poor

Performance

Participation Rate:
Below Avg.
Salary Deferrals:
Below Avg.
Account Balance:
Average
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Investments

Investment Menu Stats

# of Investment Options

14

(Plan Average: 20)

Largest Funds in this Plan Allocation of Assets 1 YR Rank in Category
Park National Corporation Common Stock 71%
N/A
Vanguard Institutional Index 7%
7%
Vanguard Group Target Retirement 5%
11%
Fund hidden
100%
Fund hidden
100%
Fund hidden
100%
Fund hidden
100%
View all funds in this plan

Providers

Plan Service Provider

SERVICE PROVIDER
Auditor
Crowe Horwath LLP