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Company:
The Fidelity Bank
Plan:
Fidelity Bank Capital Accumulation Plan
 

The Fidelity Bank

56 Plan:

 
 
56
27
62
78
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 22 point difference between this plan's BrightScope Rating (56) and the top rated plan (78) could equate to:
[How is this calculated?]
10 additional years of work
Up to $140,700 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

Fidelity Bank Capital Accumulation Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 56. This plan is in the top 15% of plans for Total Plan Cost. Fidelity Bank Capital Accumulation Plan currently has over 400 active participants and over $9.9M in plan assets.

 

 Retirement Plan Details

Address 100 S. Main Street
Fuquay-Varina, NC 27526 
Industry Commercial Banking
Administrator Leah Poplin
Net Plan Assets $9,940,000
Total Participants 460
Avg Account Balance $22,000

 Compare Other Companies in Peer Group

Palmetto Bank 63.6
Capital Bank 61.9
CenterState Banks 60.8
Bank of the Sierra 59.0
Citizens Bank & Savings Company 56.9
StellarOne 50.3

 Top 3 Funds in this 401k

1. Federated Government Obligations Money Market 17%
2. BlackRock LifePath 2040 12%
3. Vanguard Fixed Income Securities MISC 11%

  Plan Service Providers

Recordkeeper EPIC Advisors, Inc.
Auditor Dixon Hughes, LLC

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