Southcoast Community Bank
64
Plan:
Southcoast Community Bank 401k Plan
30
62
75
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 11 point difference between this plan's BrightScope Rating (64) and the top rated plan (75) could equate to:
[How is this calculated?]
[How is this calculated?]
5 additional years of work Up to $81,100 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
Southcoast Community Bank 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 64. This plan is in the top 35% of plans for Company Generosity and Investment Menu Quality. Southcoast Community Bank 401k Plan currently has over 100 active participants and over $2.0M in plan assets.
Retirement Plan Details
| Address |
Po Box 1561
Mt Pleasant, SC 29465-1561 |
| Industry | Commercial Banking |
| Administrator | William C. Heslop |
| Net Plan Assets | $2,010,000 |
| Total Participants | 140 |
| Avg Account Balance | $14,000 |
Compare Other Companies in Peer Group
| Shinhan Bank America | 70.9 |
| Village Bank and Trust Financial | 64.6 |
| Peoples Bank of the Ozarks | 63.6 |
| One Bank & Trust, N.A. | 58.0 |
| Frontier National | 56.8 |
| Continental National Bank of Miami | 51.8 |
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