8 additional years of work Up to $43,000 in lost retirement savings.F & M Financial Corporation Employee Stock Ownership Plan With 401k Provisions is a defined contribution plan with a stock bonus component, 401k feature, and ESOP component. This plan has a BrightScope Rating of 74, placing it in the top 15% of all plans in its peer group. This plan is also in the top 15% of plans for Account Balances and Participation Rate. F & M Financial Corporation Employee Stock Ownership Plan With 401k Provisions currently has over 100 active participants and over $13.4M in plan assets.
| Address |
221 N Main St
Salisbury, NC 28144-4305 |
| Industry | Commercial Banking |
| Administrator | Susan B. Giessler, VP |
| Net Plan Assets | $13,400,000 |
| Total Participants | 170 |
| Avg Account Balance | $84,000 |
| Wainwright Bank and Trust Company | 78.0 |
| Iowa First Bancshares | 70.9 |
| State Bank of Cross Plains | 70.1 |
| QNB | 66.6 |
| Cambridge Bancorp | 39.1 |
| Pinnacle Financial Partners | 32.5 |
| 1. | Vanguard Value Index | 13% |
| 2. | F&M Financial Corp. Common Stock | 12% |
| 3. | Vanguard Growth Index | 9% |
BrightScope Rating
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