Waccamaw Bank
51
Plan:
Waccamaw Bank Employees' Savings & Profit Sharing Plan and Trust
9
57
77
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 26 point difference between this plan's BrightScope Rating (51) and the top rated plan (77) could equate to:
[How is this calculated?]
[How is this calculated?]
12 additional years of work Up to $177,000 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
Waccamaw 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 51. This plan is in the top 15% of plans for Investment Menu Quality. Waccamaw Bank Employees' Savings & Profit Sharing Plan and Trust currently has over 100 active participants and over $1.5M in plan assets.
Retirement Plan Details
| Address |
110 North J K Powell Blvd.
Whiteville, NC 28472 |
| Industry | Savings Institutions |
| Administrator | David Godwin |
| Net Plan Assets | $1,460,000 |
| Total Participants | 160 |
| Avg Account Balance | $9,100 |
Compare Other Companies in Peer Group
| ESSA Bank & Trust | 71.4 |
| Wayne Savings Community Bank | 62.7 |
| Central Jersey Bank, N.A. | 58.4 |
| Sterling Bank | 57.4 |
| Carver Federal Savings Bank | 51.5 |
| Fidelity Bancorp | 31.1 |
Comments