CORE BANK PROFIT SHARING PLAN AND TRUST

Plan Contact

  • Address: 17807 BURKE ST,OMAHA,NE
  • Contact person: S. MICHAEL RASMUSSEN
  • Phone: (402) 898-3350

Plan General Information

CORE BANK PROFIT SHARING PLAN AND TRUST Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of CORE BANK PROFIT SHARING PLAN AND TRUST is $13,926,354.00.This plan was established in 1988.

CORE BANK PROFIT SHARING PLAN AND TRUST Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in CORE BANK PROFIT SHARING PLAN AND TRUST is 166

CORE BANK PROFIT SHARING PLAN AND TRUST Average Participant Retirement Account Value

In 2023, the average participant retirement account value for CORE BANK PROFIT SHARING PLAN AND TRUST is $83,893.00

CORE BANK PROFIT SHARING PLAN AND TRUST Estimated Average Employee Contribution Amount

In 2023, the estimated average employee contribution amount per participant for CORE BANK PROFIT SHARING PLAN AND TRUST is $5,862.00.

CORE BANK PROFIT SHARING PLAN AND TRUST Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in CORE BANK PROFIT SHARING PLAN AND TRUST is approximately $2,961.00
Investing in this additonal $2,961.00 for 20 years would give you extra $189,542.00, assuming a 10% annual return.

CORE BANK PROFIT SHARING PLAN AND TRUST Total Employer Contribution and Match Rate

In 2023, CORE BANK PROFIT SHARING PLAN AND TRUST allocates $491,627.00 to match its employees' contributions, providing an employer match rate of 49.33% of their contributions

CORE BANK PROFIT SHARING PLAN AND TRUST Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of CORE BANK PROFIT SHARING PLAN AND TRUST is 26.46%.

CORE BANK PROFIT SHARING PLAN AND TRUST Estimated Aggregate Retirement Account Investment Gain/Loss

In 2023, the estimated aggregate retirement account investment gain/loss for CORE BANK PROFIT SHARING PLAN AND TRUST is 19.36%. This measures the effectiveness of the plan participants' investments in the year.

CORE BANK PROFIT SHARING PLAN AND TRUST Expense Ratio

In 2023, the investment and administrative expense ratio of CORE BANK PROFIT SHARING PLAN AND TRUST is 0.32%.

Enrollment Features

CORE BANK PROFIT SHARING PLAN AND TRUST has the following features:
    Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.
    Self-directed Brokerage: It allows participants or employees to allocate part or all of its account to a self directed brokereage account as an investment option.


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