First South Bank
61
Plan:
First South Bank Employees' Savings & Profit Sharing Plan and Trust
23
63
80
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 19 point difference between this plan's BrightScope Rating (61) and the top rated plan (80) could equate to:
[How is this calculated?]
[How is this calculated?]
9 additional years of work Up to $83,700 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 South Bank Employees' Savings & Profit Sharing Plan and Trust is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 61. This plan is in the top 35% of plans for Investment Menu Quality and Total Plan Cost. First South Bank Employees' Savings & Profit Sharing Plan and Trust currently has over 300 active participants and over $6.4M in plan assets.
Retirement Plan Details
| Address |
1311 Carolina Ave.
Washington, NC 27889 |
| Industry | Savings Institutions |
| Administrator | Kristie W Hawkins |
| Net Plan Assets | $6,410,000 |
| Total Participants | 320 |
| Avg Account Balance | $20,000 |
Compare Other Companies in Peer Group
| Rockville Bank | 68.4 |
| HMN Financial | 68.0 |
| Danversbank | 66.6 |
| Savings Institute Bank & Trust... | 64.5 |
| Northeast Bancorp | 63.5 |
| Carolina Financial | 63.3 |
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