CNB BANK 401K RETIREMENT PLAN

Plan Contact

  • Contact person: JOSEPH B. BOWER, JR.
  • Phone: (814) 765-9621

Plan General Information

CNB BANK 401K RETIREMENT PLAN Total Retirement Plan Assets

At the end of 2007, the total retirement plan assets of CNB BANK 401K RETIREMENT PLAN is $6,947,363.00.This plan was established in 1995.

CNB BANK 401K RETIREMENT PLAN Total Number of Retirement Plan Participants

At the end of 2007, the total number of retirement plan participants in CNB BANK 401K RETIREMENT PLAN is 294

CNB BANK 401K RETIREMENT PLAN Average Participant Retirement Account Value

In 2007, the average participant retirement account value for CNB BANK 401K RETIREMENT PLAN is $23,630.00

CNB BANK 401K RETIREMENT PLAN Estimated Average Employee Contribution Amount

In 2007, the estimated average employee contribution amount per participant for CNB BANK 401K RETIREMENT PLAN is $4,172.00.

CNB BANK 401K RETIREMENT PLAN Estimated Average Employer Match

In 2007, the estimated average employer match for an employee in CNB BANK 401K RETIREMENT PLAN is approximately $927.00
Investing in this additonal $927.00 for 20 years would give you extra $59,359.00, assuming a 10% annual return.

CNB BANK 401K RETIREMENT PLAN Total Employer Contribution and Match Rate

In 2007, CNB BANK 401K RETIREMENT PLAN allocates $272,681.00 to match its employees' contributions, providing an employer match rate of 44.46% of their contributions

CNB BANK 401K RETIREMENT PLAN Total Retirement Plan Asset Growth Rate

In 2007, the total retirement plan asset growth rate of CNB BANK 401K RETIREMENT PLAN is 11.54%.

CNB BANK 401K RETIREMENT PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2007, the estimated aggregate retirement account investment gain/loss for CNB BANK 401K RETIREMENT PLAN is 5.22%. This measures the effectiveness of the plan participants' investments in the year.

CNB BANK 401K RETIREMENT PLAN Expense Ratio

In 2007, the investment and administrative expense ratio of CNB BANK 401K RETIREMENT PLAN is 0.00%.

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