The First State Bank
58
Plan:
The First State Bank Profit Sharing 401k Plan
36
65
82
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 24 point difference between this plan's BrightScope Rating (58) and the top rated plan (82) could equate to:
[How is this calculated?]
[How is this calculated?]
13 additional years of work Up to $172,000 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 First State Bank Profit Sharing 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 58. This plan is in the top 15% of plans for Investment Menu Quality and Participation Rate. The First State Bank Profit Sharing 401k Plan currently has over 100 active participants and over $7.4M in plan assets.
Retirement Plan Details
| Address |
Po Box 928
Stockbridge, GA 30281-0928 |
| Industry | Commercial Banking |
| Administrator | Debbie Walker |
| Net Plan Assets | $7,370,000 |
| Total Participants | 140 |
| Avg Account Balance | $54,000 |
Compare Other Companies in Peer Group
| Central Virginia Bank | 73.9 |
| Adams Bank & Trust | 70.1 |
| Community Bank of Florida | 67.8 |
| Sulphur Springs Bancshares | 64.5 |
| First State Bank of the Florida Keys | 63.6 |
| The First National Bank of Palmerton | 63.2 |
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