10 additional years of work Up to $86,900 in lost retirement savings.The Palmetto Bank 401k Retirement Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 66. This plan is in the top 15% of plans for Total Plan Cost. The Palmetto Bank 401k Retirement Plan currently has over 300 active participants and over $10.8M in plan assets.
| 1. | Vanguard 500 Index | 19% |
| 2. | First Eagle Overseas | 10% |
| 3. | PIMCO Total Return | 9% |
| Address |
Post Office Box 49
301 Hillcrest Drive Laurens, SC 29360 |
| Industry | Commercial Banking |
| Administrator | Teresa W. Knight |
| Sponsor | Samuel Erwin |
| Net Plan Assets | $10,800,000 |
| Total Participants | 380 |
| Avg Account Balance | $33,000 |
| Burke and Herbert Bank and Trust... | 67.7 |
| CommunityBank of Texas, N.A. | 67.3 |
| Community State Bank | 64.2 |
| Commonwealth Bancshares | 63.5 |
| Bank of the Sierra | 59.4 |
| Citizens Bank & Savings Company | 49.7 |
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