The Savannah Bancorp, Inc.
52
Plan:
The Savannah Bancorp, Inc. Employee Savings & Profit Sharing Plan
17
62
76
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 24 point difference between this plan's BrightScope Rating (52) and the top rated plan (76) could equate to:
[How is this calculated?]
[How is this calculated?]
11 additional years of work Up to $137,200 in lost retirement 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.
Retirement Plan Description
The Savannah Bancorp, Inc. Employee Savings & Profit Sharing Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 52. This plan is in the top 35% of plans for Investment Menu Quality, Participation Rate, and Total Plan Cost. The Savannah Bancorp, Inc. Employee Savings & Profit Sharing Plan currently has over 300 active participants and over $6.0M in plan assets.
Retirement Plan Details
| Address |
25 Bull Street
Savannah, GA 31401 |
| Industry | Commercial Banking |
| Administrator | James Joyce |
| Net Plan Assets | $6,050,000 |
| Total Participants | 320 |
| Avg Account Balance | $19,000 |
Compare Other Companies in Peer Group
| Omni Bank | 67.2 |
| Community State Bank | 63.1 |
| The Brand Banking Company | 60.5 |
| American Bank and Trust Company | 59.4 |
| Colony Bankcorp | 42.8 |
| Ohio Valley Banc | 38.9 |
Comments