Southern Bancorp
63
Plan:
Southern Bancorp Retirement and 401k Savings Plan
27
62
78
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 15 point difference between this plan's BrightScope Rating (63) and the top rated plan (78) could equate to:
[How is this calculated?]
[How is this calculated?]
7 additional years of work Up to $130,400 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
Southern Bancorp Retirement and 401k Savings Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 63. This plan is in the top 35% of plans for Company Generosity and Investment Menu Quality. Southern Bancorp Retirement and 401k Savings Plan currently has over 300 active participants and over $7.4M in plan assets.
Retirement Plan Details
| Address |
605 Main Street
Suite 202 Arkadelphia, AR 71923 |
| Industry | Commercial Banking |
| Administrator | Brent Black |
| Sponsor | Phillip Baldwin |
| Net Plan Assets | $7,360,000 |
| Total Participants | 400 |
| Avg Account Balance | $18,000 |
Compare Other Companies in Peer Group
| First Security Group | 77.1 |
| The Bancorp Bank | 71.5 |
| Eastern Virginia Bankshares | 63.9 |
| TIB Financial | 61.9 |
| Evans National Bank of Angola | 61.3 |
| Wilshire State Bank | 61.3 |
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