BancTenn Corp.
62
Plan:
22
66
87
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 25 point difference between this plan's BrightScope Rating (62) and the top rated plan (87) could equate to:
[How is this calculated?]
[How is this calculated?]
13 additional years of work Up to $201,000 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
BancTenn Corp. 401k Profit Sharing Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 62. This plan is in the top 15% of plans for Investment Menu Quality. BancTenn Corp. 401k Profit Sharing Plan currently has over 200 active participants and over $6.3M in plan assets.
Retirement Plan Details
| Address |
10431 Wallace Alley Street
Kingsport, TN 37663 |
| Industry | Commercial Banking |
| Administrator | Debbie Richards |
| Sponsor | Roy Harmon |
| Net Plan Assets | $6,280,000 |
| Total Participants | 220 |
| Avg Account Balance | $29,000 |
Compare Other Companies in Peer Group
| Kansas State Bank | 69.5 |
| The Dime Bank | 66.9 |
| Vision Bank, NA | 64.7 |
| Union Bank | 60.9 |
| Great Lakes Financial Resources | 59.3 |
| First Columbia Bank & Trust Co. | 57.2 |
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