The Savannah Bancorp, Inc.
56
Plan:
The Savannah Bancorp, Inc. Employee Savings & Profit Sharing Plan
4
65
77
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 21 point difference between this plan's BrightScope Rating (56) and the top rated plan (77) could equate to:
[How is this calculated?]
[How is this calculated?]
8 additional years of work Up to $193,000 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 Savannah Bancorp, Inc. Employee Savings & Profit Sharing Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 56. This plan is in the top 15% of plans for Investment Menu Quality. The Savannah Bancorp, Inc. Employee Savings & Profit Sharing Plan currently has over 300 active participants and over $5.0M in plan assets.
Retirement Plan Details
| Address |
25 Bull Street
Savannah, GA 31402-0000 |
| Industry | Commercial Banking |
| Administrator | James Joyce |
| Net Plan Assets | $5,040,000 |
| Total Participants | 320 |
| Avg Account Balance | $16,000 |
Compare Other Companies in Peer Group
| Temecula Valley Bank | 74.2 |
| Fidelity Bank | 62.3 |
| Heritage Oaks Bank | 61.3 |
| First Volunteer | 60.8 |
| Citizens National Bank | 59.4 |
| Town North Bank, N.A. | 16.7 |
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