Southern National Banks, Inc.
63
Plan:
Southern National Banks, Inc. 401k Plan
35
65
86
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 23 point difference between this plan's BrightScope Rating (63) and the top rated plan (86) could equate to:
[How is this calculated?]
[How is this calculated?]
12 additional years of work Up to $149,700 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
Southern National Banks, Inc. 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 63. This plan is in the top 35% of plans for Account Balances, Company Generosity, Salary Deferral, and Total Plan Cost. Southern National Banks, Inc. 401k Plan currently has over 100 active participants and over $8.9M in plan assets.
Retirement Plan Details
| Address |
29 N. Eglin Parkway
Ft. Walton Beach, FL 32548 |
| Industry | Offices of Bank Holding Companies |
| Administrator | Mona Salter |
| Net Plan Assets | $8,890,000 |
| Total Participants | 170 |
| Avg Account Balance | $53,000 |
Compare Other Companies in Peer Group
| Dominion Resources | 84.7 |
| TRC Worldwide Engineering | 68.1 |
| Siemens | 66.6 |
| Cedar Valley Bankshares Ltd. | 65.1 |
| Cordillera | 63.8 |
| Avis Industrial | 58.4 |
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