Hancock Bank
62
Plan:
Hancock Bank 401k Savings & Investment Plan & Trust
22
65
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 $207,300 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
Hancock Bank 401k Savings & Investment Plan & Trust 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 35% of plans for Investment Menu Quality and Total Plan Cost. Hancock Bank 401k Savings & Investment Plan & Trust currently has over 2,500 active participants and over $67.9M in plan assets.
Retirement Plan Details
| Address |
P.O. Box 4019
One Hancock Plaza Gulfport, MS 39502 |
| Industry | Commercial Banking |
| Administrator | Catherine Gray |
| Sponsor | Michele Chaffin |
| Net Plan Assets | $67,900,000 |
| Total Participants | 2,500 |
| Avg Account Balance | $27,000 |
Compare Other Companies in Peer Group
| East West Bancorp | 71.3 |
| National Penn Bancshares | 65.1 |
| First Premier Bank | 63.7 |
| Northwest Savings Bank | 61.1 |
| The Park National | 59.4 |
| BancWest | 46.3 |
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