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Company:
First Century Bankshares, Inc.
Plan:
First Century Bankshares, Inc. and Affiliates Employees Retirement Plan
 

First Century Bankshares, Inc.

59 Plan: First Century Bankshares, Inc. and Affiliates Employees Retirement Plan

 
 
59
25
65
83
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 24 point difference between this plan's BrightScope Rating (59) and the top rated plan (83) could equate to:
[How is this calculated?]
12 additional years of work
Up to $136,700 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

First Century Bankshares, Inc. and Affiliates Employees Retirement Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 59. First Century Bankshares, Inc. and Affiliates Employees Retirement Plan currently has over 100 active participants and over $7.4M in plan assets.

 

 
Plan Component Ratings

 Retirement Plan Details

Address 500 Federal St
Bluefield, WV 24701-3010 
Industry Commercial Banking
Administrator John P. Beckett, Jr.
Net Plan Assets $7,360,000
Total Participants 190
Avg Account Balance $39,000

 Compare Other Companies in Peer Group

Home State Bank 67.2
Atlantic Coast Bank 67.1
First Farmers Financial 66.6
Cameron State Bank 65.4
First Volunteer 64.4
Landmark Bancorp 63.9

 Top 3 Funds in this 401k

1. Federated Total Return Bond 19%
2. Federated Automated Cash Management Trust 14%
3. Davis New York Venture 11%

  Plan Service Provider

Auditor Brown, Edwards & Company, L.L.P.

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