Sothern Trust Mortgage, LLC
59
Plan:
Sothern Trust Mortgage 401k Plan
3
61
84
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 25 point difference between this plan's BrightScope Rating (59) and the top rated plan (84) could equate to:
[How is this calculated?]
[How is this calculated?]
12 additional years of work Up to $172,300 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
Sothern Trust Mortgage 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 59. This plan is in the top 35% of plans for Salary Deferral. Sothern Trust Mortgage 401k Plan currently has over 100 active participants and over $3.7M in plan assets.
Retirement Plan Details
| Address |
4433 Corporation Ln Ste 300
Virginia Beach, VA 23462-3352 |
| Industry | Real Estate Credit |
| Administrator | Denise Sherman |
| Sponsor | Kathryn Ricards |
| Net Plan Assets | $3,700,000 |
| Total Participants | 170 |
| Avg Account Balance | $22,000 |
Compare Other Companies in Peer Group
| Homestead Funding | 68.7 |
| Lime Financial Services, Ltd. | 68.1 |
| Mortgage America | 62.9 |
| West Tennessee Bancshares | 62.0 |
| Mann Mortgage, LLC | 57.8 |
| Mortgage Information Services | 54.6 |
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