TowneBank 401k Retirement Savings Plan is a defined contribution plan with a profit-sharing component, 401k feature, and leveraged ESOP component. This plan has a BrightScope Rating of 76, placing it in the top 15% of all plans in its peer group. This plan is also in the top 15% of plans for Company Generosity. TowneBank 401k Retirement Savings Plan currently has over 1,000 active participants and over $44.2M in plan assets.
|1.||TowneBank Common Stock||32%|
|2.||Principal Trust Target 2020||19%|
|3.||Principal Trust Target 2040||10%|
6001 Harbour View Blvd
Suffolk, VA 23435
|Net Plan Assets||$44,200,000|
|Avg Account Balance||$49,000|
|Simmons First National||74.4|
|Union First Market Bankshares||65.5|
|Community Trust Bancorp||63.3|
|Bank of the Ozarks||54.6|
|Carter Bank & Trust||42.2|
Please visit the vault to keep your 401k plan information accurate and up-to-date.