Gate City Bank
65
Plan:
Gate City Bank Retirement Savings Plan
65
31
66
86
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 21 point difference between this plan's BrightScope Rating (65) and the top rated plan (86) could equate to:
[How is this calculated?]
11 additional years of work
Up to $127,100 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.
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Retirement Plan Description
Gate City Bank Retirement Savings Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 65. This plan is in the top 35% of plans for Account Balances, Company Generosity, and Total Plan Cost. Gate City Bank Retirement Savings Plan currently has over 400 active participants and over $17.9M in plan assets.
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