Southeastern Bank
62
Plan:
Southeastern Banking Corporation Group Profit Sharing Plan and Trust
17
64
87
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 25 point difference between this plan's BrightScope Rating (62) and the top rated plan (87) could equate to:
[How is this calculated?]
[How is this calculated?]
13 additional years of work Up to $134,700 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
Southeastern Banking Corporation Group 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 62. This plan is in the top 35% of plans for Company Generosity, Participation Rate, and Total Plan Cost. Southeastern Banking Corporation Group Profit Sharing Plan and Trust currently has over 100 active participants and over $8.3M in plan assets.
Retirement Plan Details
| Address |
Po Box 455
1010 North Way Street Darien, GA 31305 |
| Industry | Commercial Banking |
| Administrator | Alyson G. Beasley |
| Net Plan Assets | $8,260,000 |
| Total Participants | 170 |
| Avg Account Balance | $49,000 |
Compare Other Companies in Peer Group
| First Business Financial Services | 71.9 |
| Lubbock National Bank | 71.5 |
| Farmers & Merchants Bank | 70.1 |
| Sulphur Springs Bancshares | 63.6 |
| Union National Community Bank | 62.9 |
| Citizens National Bank | 62.1 |
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