Hampton Roads Bankshares, Inc.
66
Plan:
VBA Defined Contribution Plan for Bank of Hampton Roads
17
63
87
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 (66) and the top rated plan (87) could equate to:
[How is this calculated?]
[How is this calculated?]
12 additional years of work Up to $56,400 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
VBA Defined Contribution Plan for Bank of Hampton Roads is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 66. VBA Defined Contribution Plan for Bank of Hampton Roads currently has over 100 active participants and over $4.2M in plan assets.
Retirement Plan Details
| Address |
999 Waterside Drive, Ste 200
Norfolk, VA 23510 |
| Industry | Commercial Banking |
| Administrator | Bette Albert |
| Sponsor | Dawn Steelman |
| Net Plan Assets | $4,250,000 |
| Total Participants | 160 |
| Avg Account Balance | $28,000 |
Compare Other Companies in Peer Group
| Crescent Financial | 71.7 |
| Patriot National Bank | 69.1 |
| Community Financial | 65.1 |
| DNB Financial | 64.7 |
| Town & Country Bank and Trust Co | 61.3 |
| Auburn National Bancorporation | 58.7 |
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