First M&F Corporation
57
Plan:
Merchants and Farmers Bank Profit and Savings Plan
27
62
80
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 23 point difference between this plan's BrightScope Rating (57) and the top rated plan (80) could equate to:
[How is this calculated?]
[How is this calculated?]
11 additional years of work Up to $188,600 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
Merchants and Farmers Bank Profit and Savings Plan is a defined contribution plan with a profit-sharing component, 401k feature, and leveraged ESOP component. This plan has a BrightScope Rating of 57. Merchants and Farmers Bank Profit and Savings Plan currently has over 700 active participants and over $11.8M in plan assets.
Retirement Plan Details
| Address |
201 E Washington St
Kosciusko, MS 39090-3745 |
| Industry | Commercial Banking |
| Administrator | Judy Davis |
| Net Plan Assets | $11,800,000 |
| Total Participants | 800 |
| Avg Account Balance | $15,000 |
Compare Other Companies in Peer Group
| Superior Bancorp | 64.9 |
| Beal Service | 60.3 |
| STAR Financial Group | 59.9 |
| Home BancShares | 58.9 |
| Tri Counties Bank | 57.3 |
| Cathay General Bancorp | 52.4 |
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