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Company:
Banks Construction Company
Plan:
Banks Construction Company Profit Sharing /401k Plan
 

Banks Construction Company

48 Plan: Banks Construction Company Profit Sharing /401k Plan

 
 
48
33
62
84
0
10
20
30
40
50
60
70
80
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100
For the average 401k participant, the 36 point difference between this plan's BrightScope Rating (48) and the top rated plan (84) could equate to:
[How is this calculated?]
16 additional years of work
Up to $190,900 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

Banks Construction Company Profit Sharing /401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 48. Banks Construction Company Profit Sharing /401k Plan currently has over 200 active participants and over $4.9M in plan assets.

 

 Retirement Plan Details

Address 4991 Banco Road
North Charleston, SC 29418 
Industry Highway, Street, and Bridge Construction
Administrator Heather Pierce
Net Plan Assets $4,930,000
Total Participants 290
Avg Account Balance $17,000

 Top 3 Funds in this 401k

1. Fidelity Treasury Fund 19%
2. Participant Loans 16%
3. RS Partners 9%

  Plan Service Provider

Auditor Davidson, Golden & Lundy, P.C.

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