HeritageBank of the South
61
Plan:
17
63
87
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 26 point difference between this plan's BrightScope Rating (61) and the top rated plan (87) could equate to:
[How is this calculated?]
[How is this calculated?]
14 additional years of work Up to $95,900 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
HeritageBank of the South 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 61. This plan is in the top 15% of plans for Investment Menu Quality. HeritageBank of the South 401k Plan currently has over 100 active participants and over $2.8M in plan assets.
Retirement Plan Details
| Address |
200 Loftus Drive
Albany, GA 31705 |
| Industry | Commercial Banking |
| Administrator | Sandra Driver |
| Sponsor | O. Leonard Dorminey |
| Net Plan Assets | $2,780,000 |
| Total Participants | 140 |
| Avg Account Balance | $21,000 |
Compare Other Companies in Peer Group
| Great Plains Bancshares | 64.8 |
| Britton & Koontz Capital | 60.5 |
| Independent Bank | 56.3 |
| The First Bancshares | 54.6 |
| United Bancorp | 48.1 |
| First Bancorp | 41.1 |
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