Overview

Plan Rating

BrightScope Rating
80
Lowest Rating in Peer Group
Average Rating in Peer Group
Highest Rating in Peer Group
0102030405060708090100
Lowest in Peer Group (41)
Average in Peer Group (70)
Highest in Peer Group (80)

Plan Description

Amalgamated Bank of Chicago Salaried Employees' Profit Sharing Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 80, 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 Participation Rate. Amalgamated Bank of Chicago Salaried Employees' Profit Sharing Plan currently has over 100 active participants and over $15.4M 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 12/31/2014
Plan data has been audited by an Independent Qualified Public Accountant (IQPA).
Address 30 N. Lasalle Street
  • Location
    Chicago , IL
  • 60602-2500
  • Industry
    Commercial Banking
  • Administrator
    Robert Kressin
  • Net Plan Assets
    $15,400,000
  • Total Participants
    150
  • Avg Account Balance
    $110,000

Plan Components

Component Ratings

Design

Total Plan Cost:
Low Fees
Company Generosity:
Great

Performance

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

Design

Total Plan Cost:
Low Fees
Company Generosity:
Above Average

Performance

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

Peer Group Plans

Company Rating
Bankers' Bancorporation 75.4
Adams Bank & Trust 73.8
Legend Bank 70.9
Citizens Bank 70.0
Peoples Financial 64.0
Guaranty Capital 53.6
Are you a Plan Sponsor?
Benchmark your plan against others to achieve your business objectives.

Investments

Investment Menu Stats

# of Investment Options

16

(Plan Average: 20)

Largest Funds in this Plan Allocation of Assets 1 YR Rank in Category
Vanguard Growth Index 15%
16%
Schwab 1000 Index 11%
28%
Dreyfus Bond Market Index 10%
51%
Fund hidden
100%
Fund hidden
100%
Fund hidden
100%
Fund hidden
100%
View all funds in this plan

Providers

Plan Service Providers

SERVICE PROVIDER
Investment Adviser
Charles Schwab
Recordkeeper
Charles Schwab
Auditor
McGladrey Wealth Management LLC

Articles and Questions