Macon Bank
64
Plan:
Macon Bank 401k Retirement Plan
8
65
78
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 14 point difference between this plan's BrightScope Rating (64) and the top rated plan (78) could equate to:
[How is this calculated?]
[How is this calculated?]
6 additional years of work Up to $109,600 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
Macon Bank 401k Retirement Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 64. This plan is in the top 35% of plans for Investment Menu Quality and Participation Rate. Macon Bank 401k Retirement Plan currently has over 200 active participants and over $6.6M in plan assets.
Retirement Plan Details
| Address |
1 Center Ct
Franklin, NC 28734-3445 |
| Industry | Savings Institutions |
| Administrator | Holly R Mccall |
| Sponsor | Stan Jeffress |
| Net Plan Assets | $6,570,000 |
| Total Participants | 230 |
| Avg Account Balance | $28,000 |
Compare Other Companies in Peer Group
| PeoplesBank | 69.5 |
| CapitalBank | 67.4 |
| K Bank | 66.7 |
| Park View Federal Savings Bank | 65.5 |
| Pioneer Savings Bank | 64.2 |
| CharterBank | 56.8 |
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