Valley Bank
68
Plan:
Valley Bank Employees' Savings Plan
30
62
75
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 7 point difference between this plan's BrightScope Rating (68) and the top rated plan (75) could equate to:
[How is this calculated?]
[How is this calculated?]
4 additional years of work Up to $27,600 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
Valley Bank Employees' Savings Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 68. This plan is in the top 35% of plans for Investment Menu Quality and Participation Rate. Valley Bank Employees' Savings Plan currently has over 100 active participants and over $2.3M in plan assets.
Retirement Plan Details
| Address |
36 Church Avenue
Roanoke, VA 24011 |
| Industry | Commercial Banking |
| Administrator | Sherry H. Buckner |
| Sponsor | Kimberly B. Snyder, Trustee |
| Net Plan Assets | $2,260,000 |
| Total Participants | 130 |
| Avg Account Balance | $21,000 |
Compare Other Companies in Peer Group
| American Community Bank | 64.5 |
| Peoples Bank of the Ozarks | 63.6 |
| Merchants & Marine Bank | 61.3 |
| Horry County State Bank | 58.9 |
| Virginia National Bank | 56.1 |
| The Commercial Savings Bank | 51.3 |
Comments