Southern Benefit Administrators, Inc.
68
Plan:
SBAI Profit Sharing and Retirement Plan
11
64
84
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 16 point difference between this plan's BrightScope Rating (68) and the top rated plan (84) could equate to:
[How is this calculated?]
[How is this calculated?]
9 additional years of work Up to $67,000 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
SBAI Profit Sharing and Retirement Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 68. This plan is in the top 15% of plans for Investment Menu Quality. SBAI Profit Sharing and Retirement Plan currently has over 100 active participants and over $5.5M in plan assets.
Retirement Plan Details
| Address |
Po Box 1449
Goodlettsville, TN 37070-1449 |
| Industry | Finance and Insurance |
| Administrator | H. Lynn Brassell |
| Sponsor | Jere T. Brassell |
| Net Plan Assets | $5,500,000 |
| Total Participants | 160 |
| Avg Account Balance | $35,000 |
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