First South Bancorp, Inc.
60
Plan:
FirstBank 401k Savings Plan & Trust
22
66
87
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 27 point difference between this plan's BrightScope Rating (60) and the top rated plan (87) could equate to:
[How is this calculated?]
[How is this calculated?]
14 additional years of work Up to $114,500 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
FirstBank 401k Savings Plan & Trust is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 60. This plan is in the top 15% of plans for Investment Menu Quality. FirstBank 401k Savings Plan & Trust currently has over 500 active participants and over $13.1M in plan assets.
Retirement Plan Details
| Address |
200 North Main Street
Lexington, TN 38351-2026 |
| Industry | Commercial Banking |
| Administrator | Craig Butler |
| Net Plan Assets | $13,100,000 |
| Total Participants | 540 |
| Avg Account Balance | $24,000 |
Compare Other Companies in Peer Group
| CenterState Banks | 68.0 |
| Community First Bancshares | 66.4 |
| Fidelity Bank | 65.6 |
| FNB United | 58.7 |
| American Bank of Texas | 58.1 |
| Central Bancshares | 55.9 |
Comments