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Company:
First Guaranty Bank, Inc.
Plan:
First Guaranty Bank Savings Plan
 

First Guaranty Bank, Inc.

47 Plan:

 
 
47
10
63
82
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 35 point difference between this plan's BrightScope Rating (47) and the top rated plan (82) could equate to:
[How is this calculated?]
15 additional years of work
Up to $289,500 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

First Guaranty Bank Savings Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 47. First Guaranty Bank Savings Plan currently has over 100 active participants and over $2.7M in plan assets.

 

 Retirement Plan Details

Address Po Box 2009
Hammond, LA 70404-2009 
Industry Commercial Banking
Administrator Bernadette Kemp
Sponsor Michele E Lobianco
Net Plan Assets $2,710,000
Total Participants 160
Avg Account Balance $18,000

 Top 3 Funds in this 401k

1. Principal Fixed Income Account 43%
2. Neuberger Berman Partners 11%
3. Principal LifeTime 2020 7%

  Plan Service Providers

Insurance Carrier Principal Financial Group
Administration Principal Financial Group
Auditor Castaing Hussey & Lolan, LLC
Insurance Advisor/Broker Capital One

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