Overview

Plan Rating

BrightScope Rating
73
Lowest Rating in Peer Group
Average Rating in Peer Group
Highest Rating in Peer Group
0102030405060708090100
Lowest in Peer Group (43)
Average in Peer Group (73)
Highest in Peer Group (91)

Plan Description

Happy Bancshares, Inc. Employee Stock Ownership Plan with 401k Provisions is a defined contribution plan with a profit-sharing component, stock bonus component, 401k feature, and ESOP component. This plan has a BrightScope Rating of 73. This plan is in the top 15% of plans for Account Balances and Total Plan Cost. Happy Bancshares, Inc. Employee Stock Ownership Plan with 401k Provisions currently has over 800 active participants and over $74.1M in plan assets.

Did you know?

For the average 401k participant, the 18 point difference between this plan's BrightScope Rating (73) and the top rated plan (91) could equate to:
12
Additional years of work
112,824
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 12/31/2017
Plan data has been audited by an Independent Qualified Public Accountant (IQPA).
Address 701 S. Taylor, Suite 200
  • Location
    Amarillo , TX
  • 79101
  • Industry
    Offices of Bank Holding Companies
  • Administrator
    Vicki Wilmarth
  • Net Plan Assets
    $74,100,000
  • Total Participants
    830
  • Avg Account Balance
    $100,000

Plan Components

Component Ratings

Design

Total Plan Cost:
Lowest Fees
Company Generosity:
Above Average

Performance

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

Design

Total Plan Cost:
Lowest Fees
Company Generosity:
Above Average

Performance

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

Peer Group Plans

Company Rating
Liquidnet Holdings 87.8
Legal & General America 81.8
LVMH 79.3
Baker Boyer Bancorp 79.1
CH Holdings USA 78.3
Cardinal Financial 60.9

Top Industry Articles

Investments

Investment Menu Stats

# of Investment Options

46

(Plan Average: 20)

Largest Funds in this Plan Allocation of Assets 1 YR Rank in Category
Happy Bancshares, Inc. Common Stock 87%
N/A
John Hancock Funds II Multimanager Lifestyle Balanced 2%
N/A
John Hancock Funds II Multimanager Lifestyle Growth 2%
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
John Hancock
Investment Adviser
Mid Atlantic Trust Company
Recordkeeper
John Hancock
Auditor
Bkd, LLP

Articles and Questions

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