Traders and Farmers Bank
57
Plan:
Traders and Farmers Bank 401k Profit Sharing Plan
30
64
76
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 19 point difference between this plan's BrightScope Rating (57) and the top rated plan (76) could equate to:
[How is this calculated?]
[How is this calculated?]
8 additional years of work Up to $168,500 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
Traders and Farmers Bank 401k Profit Sharing Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 57. This plan is in the top 15% of plans for Participation Rate. Traders and Farmers Bank 401k Profit Sharing Plan currently has over 100 active participants and over $5.5M in plan assets.
Retirement Plan Details
| Address |
820 Downtown Mall
Haleyville, AL 35565-1322 |
| Industry | Commercial Banking |
| Administrator | Rickey Mccreless |
| Net Plan Assets | $5,540,000 |
| Total Participants | 120 |
| Avg Account Balance | $47,000 |
Compare Other Companies in Peer Group
| Century Bank | 72.3 |
| First Commercial Bank USA | 70.6 |
| Scott Valley Bank | 69.6 |
| St. Johns Bank and Trust Company | 67.4 |
| Omaha State Bank | 64.7 |
| First National Bank of Eastern... | 51.8 |
Comments