The Heritage Bank
60
Plan:
The Heritage Bank 401k Profit Sharing Plan
32
65
87
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 27 point difference between this plan's BrightScope Rating (60) and the top rated plan (87) could equate to:
[How is this calculated?]
[How is this calculated?]
14 additional years of work Up to $156,100 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
The Heritage Bank 401k Profit Sharing Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 60. This plan is in the top 15% of plans for Company Generosity. The Heritage Bank 401k Profit Sharing Plan currently has over 300 active participants and over $15.3M in plan assets.
Retirement Plan Details
| Address |
300 South Main Street
Hinesville, GA 31313 |
| Industry | Commercial Banking |
| Administrator | James M Floyd Jr |
| Net Plan Assets | $15,300,000 |
| Total Participants | 380 |
| Avg Account Balance | $43,000 |
Compare Other Companies in Peer Group
| Wilson Bank & Trust Company | 67.8 |
| Old Point Financial | 67.1 |
| Guaranty Bancorp | 65.6 |
| The Citizens National Bank of... | 61.8 |
| Suffolk County National Bank | 61.7 |
| Hawthorn Bancshares | 60.9 |
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