Atlantic Coast Bank
55
Plan:
Atlantic Coast Bank Employees' Savings & Profit Sharing Plan and Trust
17
63
87
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 32 point difference between this plan's BrightScope Rating (55) and the top rated plan (87) could equate to:
[How is this calculated?]
[How is this calculated?]
16 additional years of work Up to $172,100 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
Atlantic Coast Bank Employees' Savings & 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 55. This plan is in the top 15% of plans for Investment Menu Quality. Atlantic Coast Bank Employees' Savings & Profit Sharing Plan and Trust currently has over 200 active participants and over $3.8M in plan assets.
Retirement Plan Details
| Address |
930 N. University Blvd
Jacksonville, FL 32211 |
| Industry | Commercial Banking |
| Administrator | Thomas B. Wagers, Sr. |
| Net Plan Assets | $3,760,000 |
| Total Participants | 220 |
| Avg Account Balance | $17,000 |
Compare Other Companies in Peer Group
| Crescent Financial | 71.7 |
| First Community Bank | 64.1 |
| Union Center National Bank | 63.5 |
| First Bank & Trust Co. | 62.6 |
| Advanced Banking Services | 54.9 |
| Citizens Trust Bank | 50.3 |
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