The First Bancshares, Inc.
55
Plan:
17
63
87
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 32 point difference between this plan's BrightScope Rating (55) and the top rated plan (87) could equate to:
[How is this calculated?]
[How is this calculated?]
16 additional years of work Up to $184,200 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
The First Bancshares, Inc. Profit Sharing 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 55. This plan is in the top 35% of plans for Investment Menu Quality. The First Bancshares, Inc. Profit Sharing 401k Plan currently has over 100 active participants and over $2.4M in plan assets.
Retirement Plan Details
| Address |
6480 Hwy 98 West
Hattiesburg, MS 39404 |
| Industry | Commercial Banking |
| Administrator | Dee Dee Lowery |
| Net Plan Assets | $2,400,000 |
| Total Participants | 160 |
| Avg Account Balance | $15,000 |
Compare Other Companies in Peer Group
| Great Plains Bancshares | 64.8 |
| HeritageBank of the South | 61.3 |
| Britton & Koontz Capital | 60.5 |
| Independent Bank | 56.3 |
| United Bancorp | 48.1 |
| First Bancorp | 41.1 |
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