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Company:
First National Bank of Griffin
Plan:
First National Bank of Griffin Section 401k Profit Sharing Plan
 

First National Bank of Griffin

60 Plan: First National Bank of Griffin Section 401k Profit Sharing Plan

 
 
60
17
64
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?]
14 additional years of work
Up to $113,500 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

First National Bank of Griffin Section 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 35% of plans for Account Balances and Participation Rate. First National Bank of Griffin Section 401k Profit Sharing Plan currently has over 100 active participants and over $9.5M in plan assets.

 

 
Plan Component Ratings

 Retirement Plan Details

Address Po Drawer F
Griffin, GA 30224 
Industry Commercial Banking
Administrator Carol M. Jones
Sponsor J. Charles Copeland
Net Plan Assets $9,450,000
Total Participants 130
Avg Account Balance $73,000

 Compare Other Companies in Peer Group

Mega International Commercial Bank... 71.9
The Bank of Glen Burnie 70.0
BankIowa 68.3
Great Southern Capital 59.7
Eastwood Financial 56.3
Jefferson Bank and Trust Company 47.0

 Top 3 Funds in this 401k

1. Eaton Vance Large-Cap Growth 19%
2. T. Rowe Price Institutional Large Cap Growth 11%
3. American Funds EuroPacific Growth 9%

  Plan Service Providers

Auditor Porter Keadle Moore, LLP
Corporate Trustee Reliance Trust Company
Legal Counsel GBA Retirement Services, Inc.
Administration GBA Retirement Services, Inc.

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