Home  >   401k Directory   >   First Guaranty Bank, Inc.
 
Company:
First Guaranty Bank, Inc.
Plan:
First Guaranty Bank Savings Plan
 

First Guaranty Bank, Inc.

50 Plan:

 
 
50
28
61
74
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 24 point difference between this plan's BrightScope Rating (50) and the top rated plan (74) could equate to:
[How is this calculated?]
11 additional years of work
Up to $153,300 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 50. First Guaranty Bank Savings Plan currently has over 200 active participants and over $3.2M in plan assets.

 

 Investment Menu Statistics

No. of Investment Options
24
Plan Average: 24
Largest Funds in this 401k: based on % allocation of assets
1. Principal Fixed Income 401(a)/(k) 44%
2. Principal LifeTime 2020 5%
3. Neuberger Berman Large Cap Value 5%

 
Plan Component Ratings

 Retirement Plan Details

Address 400 E Thomas St
Hammond, LA 70401-3320 
Industry Commercial Banking
Administrator Bernadette Kemp
Sponsor Eric Dosch
Net Plan Assets $3,200,000
Total Participants 210
Avg Account Balance $20,000

 Compare Other Companies in Peer Group

Somerset Trust Company 55.0
Herring Bank 53.3
First Community Bank 52.9
Arthur State Bank 51.8
Chesapeake Financial Shares 49.7
Waukesha State Bank 49.2

  Plan Service Providers

Insurance Carrier Principal Financial Group
Insurance Advisor/Broker Capital One
Administration Principal Financial Group
Investment Adviser Morningstar, Inc.
Administration Morningstar, Inc.
Auditor Castaing Hussey & Lolan, LLC

 Comments