LUBBOCK NATIONAL BANK PROFIT SHARING 401(K) AND ESOP
Plan Contact
- Address: P.O. BOX 6100,LUBBOCK,TX
- Contact person: COREY KRUSA
- Phone: (806) 792-1000
Plan General Information
LUBBOCK NATIONAL BANK PROFIT SHARING 401(K) AND ESOP Total Number of Retirement Plan Participants
At the end of 2019, the total number of retirement plan participants in LUBBOCK NATIONAL BANK PROFIT SHARING 401(K) AND ESOP is 233
LUBBOCK NATIONAL BANK PROFIT SHARING 401(K) AND ESOP Estimated Average Employee Contribution Amount
In 2019, the estimated average employee contribution amount per participant for LUBBOCK NATIONAL BANK PROFIT SHARING 401(K) AND ESOP is $2,474.00.
LUBBOCK NATIONAL BANK PROFIT SHARING 401(K) AND ESOP Estimated Average Employer Match
In 2019, the estimated average employer match for an employee in LUBBOCK NATIONAL BANK PROFIT SHARING 401(K) AND ESOP is approximately $536.00
Investing in this additonal $536.00 for 20 years would give you extra $34,363.00, assuming a 10% annual return.
Investing in this additonal $536.00 for 20 years would give you extra $34,363.00, assuming a 10% annual return.
LUBBOCK NATIONAL BANK PROFIT SHARING 401(K) AND ESOP Total Employer Contribution and Match Rate
In 2019, LUBBOCK NATIONAL BANK PROFIT SHARING 401(K) AND ESOP allocates $125,106.00 to match its employees' contributions, providing an employer match rate of 43.40% of their contributions
Enrollment Features
LUBBOCK NATIONAL BANK PROFIT SHARING 401(K) AND ESOP has the following features:Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.
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