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Company:
Tennessee Central Bancshares, Inc.
Plan:
Tennessee Central Bancshares, Inc. 401k Retirement Plan
 

Tennessee Central Bancshares, Inc.

63 Plan:

 
 
63
22
66
87
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 24 point difference between this plan's BrightScope Rating (63) and the top rated plan (87) could equate to:
[How is this calculated?]
13 additional years of work
Up to $91,900 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

Tennessee Central Bancshares, Inc. 401k Retirement 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 15% of plans for Investment Menu Quality. Tennessee Central Bancshares, Inc. 401k Retirement Plan currently has over 200 active participants and over $5.1M in plan assets.

 

 Retirement Plan Details

Address Po Box 310
Parsons, TN 38363 
Industry Savings Institutions
Administrator Courtney Townsend
Net Plan Assets $5,110,000
Total Participants 240
Avg Account Balance $21,000

 Top 3 Funds in this 401k

1. John Hancock Funds II Lifestyle Growth 20%
2. John Hancock Funds II Lifestyle Balanced 11%
3. Oppenheimer Developing Markets 7%

  Plan Service Providers

Insurance Carrier John Hancock
Auditor Horne, LLP

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