State Bank & Trust Company
60
Plan:
27
63
78
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 18 point difference between this plan's BrightScope Rating (60) and the top rated plan (78) could equate to:
[How is this calculated?]
[How is this calculated?]
8 additional years of work Up to $124,000 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
State Bank & Trust Company Employee Stock Ownership Plan is a defined contribution plan with a stock bonus component and leveraged ESOP component. This plan has a BrightScope Rating of 60. This plan is in the top 15% of plans for Total Plan Cost. State Bank & Trust Company Employee Stock Ownership Plan currently has over 300 active participants and over $11.5M in plan assets.
Retirement Plan Details
| Address |
Po Box 8287
Greenwood, MS 38935-8287 |
| Industry | Commercial Banking |
| Administrator | Doris Brumfield |
| Net Plan Assets | $11,500,000 |
| Total Participants | 380 |
| Avg Account Balance | $24,000 |
Compare Other Companies in Peer Group
| The Bancorp Bank | 71.5 |
| Eastern Virginia Bankshares | 63.9 |
| Porter Bancorp | 63.5 |
| Community Trust Financial | 60.2 |
| First State Bancshares | 57.8 |
| Community Bankshares | 56.3 |
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