West Tennessee Bancshares
62
Plan:
3
61
85
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 (62) and the top rated plan (85) could equate to:
[How is this calculated?]
[How is this calculated?]
11 additional years of work Up to $152,100 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
West Tennessee Bancshares Stock Ownership Plan is a defined contribution plan with a leveraged ESOP component. This plan has a BrightScope Rating of 62. This plan is in the top 15% of plans for Total Plan Cost. West Tennessee Bancshares Stock Ownership Plan currently has over 100 active participants and over $4.0M in plan assets.
Retirement Plan Details
| Address |
6281 Stage Rd
Bartlett, TN 38134-3727 |
| Industry | Real Estate Credit |
| Administrator | Robert C. Byrd |
| Net Plan Assets | $4,040,000 |
| Total Participants | 170 |
| Avg Account Balance | $22,000 |
Compare Other Companies in Peer Group
| Homestead Funding | 68.7 |
| Lime Financial Services, Ltd. | 68.1 |
| Mortgage America | 62.9 |
| Sothern Trust Mortgage, LLC | 59.2 |
| Mann Mortgage, LLC | 57.8 |
| Mortgage Information Services | 54.6 |
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