Yadkin Valley Bank and Trust Company
62
Plan:
Yadkin Valley Bank and Trust 401k Profit Sharing Plan
42
65
83
0
10
20
30
40
50
60
70
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90
100
For the average 401k participant, the 21 point difference between this plan's BrightScope Rating (62) and the top rated plan (83) could equate to:
[How is this calculated?]
[How is this calculated?]
10 additional years of work Up to $151,900 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
Yadkin Valley Bank and Trust 401k Profit Sharing Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 62. This plan is in the top 15% of plans for Investment Menu Quality. Yadkin Valley Bank and Trust 401k Profit Sharing Plan currently has over 500 active participants and over $17.4M in plan assets.
Retirement Plan Details
| Address |
209 Northbridge Street
Elkin, NC 28621 |
| Industry | Commercial Banking |
| Administrator | Jan H. Hollar |
| Net Plan Assets | $17,400,000 |
| Total Participants | 580 |
| Avg Account Balance | $30,000 |
Compare Other Companies in Peer Group
| Central Bancshares | 75.9 |
| Fidelity Bank | 65.6 |
| Southern Bank and Trust Company | 62.3 |
| AmericanWest Bank | 60.5 |
| FNB United | 58.7 |
| American Bank of Texas | 58.1 |
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