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Company:
Anderson Brothers Bank of Mullins
Plan:
Anderson Brothers Bank of Mullins 401k Employee Stock Ownership Plan
 

Anderson Brothers Bank of Mullins

56 Plan: Anderson Brothers Bank of Mullins 401k Employee Stock Ownership Plan

 
 
56
17
64
87
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 31 point difference between this plan's BrightScope Rating (56) and the top rated plan (87) could equate to:
[How is this calculated?]
15 additional years of work
Up to $174,900 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

Anderson Brothers Bank of Mullins 401k Employee Stock Ownership Plan is a defined contribution plan with a 401k feature and ESOP component. This plan has a BrightScope Rating of 56. This plan is in the top 35% of plans for Account Balances. Anderson Brothers Bank of Mullins 401k Employee Stock Ownership Plan currently has over 100 active participants and over $8.2M in plan assets.

 

 Retirement Plan Details

Address P.O. Box 310
Mullins, SC 29574 
Industry Commercial Banking
Administrator Joanne F Joyner
Net Plan Assets $8,230,000
Total Participants 190
Avg Account Balance $44,000

 Top 3 Funds in this 401k

1. Anderson Brothers Bancshares Common Stock 26%
2. Vanguard Prime Money Market 13%
3. Vanguard 500 Index 12%

  Plan Service Providers

Recordkeeper American Pensions, Inc.
Auditor Elliott Davis, LLC

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