Synovus Financial Corp.
50
Plan:
9
71
85
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 35 point difference between this plan's BrightScope Rating (50) and the top rated plan (85) could equate to:
[How is this calculated?]
[How is this calculated?]
16 additional years of work Up to $242,100 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
Synovus Money Purchase Pension Plan is a defined contribution plan. This plan has a BrightScope Rating of 50. This plan is in the top 15% of plans for Investment Menu Quality. Synovus Money Purchase Pension Plan currently has over 6,800 active participants and over $167.0M in plan assets.
Retirement Plan Details
| Address |
P. O. Box 120
Columbus, GA 31901 |
| Industry | Offices of Bank Holding Companies |
| Administrator | Larita Richardson |
| Sponsor | Mary Stranger |
| Net Plan Assets | $167,000,000 |
| Total Participants | 6,900 |
| Avg Account Balance | $26,000 |
Compare Other Companies in Peer Group
| Jones Apparel Group | 63.0 |
| Furniture Brands International | 60.5 |
| Oldcastle Architectural | 59.2 |
| Universal Forest Products | 59.1 |
| Smithfield Foods | 54.1 |
| Tenneco Automotive Operating Company | 11.1 |
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