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Company:
Mansura Bancshares, Inc.
Plan:
Cottonport Bank 401k Plan
 

Mansura Bancshares, Inc.

57 Plan: Cottonport Bank 401k Plan

 
 
57
22
60
72
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 (57) and the top rated plan (72) could equate to:
[How is this calculated?]
6 additional years of work
Up to $130,500 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

Cottonport Bank 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 57. Cottonport Bank 401k Plan currently has over 100 active participants and over $3.2M in plan assets.

 

 Investment Menu Statistics

No. of Investment Options
21
Plan Average: 24
Top 3 Funds in this 401k
1. Minnesota Life Aggregate Bond II 13%
2. Minnesota Life Large Value Equity X 12%
3. Minnesota Life Money Market 10%

 Retirement Plan Details

Address 144 South Main Street
Marksville, LA 71351 
Industry Commercial Banking
Administrator Stacy Paulk
Net Plan Assets $3,250,000
Total Participants 160
Avg Account Balance $31,000

  Plan Service Providers

Insurance Carrier Minnesota Life
Administration Minnesota Life
Recordkeeper Minnesota Life
Auditor Hannis T Borgeois

 Comments