Home  >   401k Directory   >   South Louisiana Bank
 
Company:
South Louisiana Bank
Plan:
South Louisiana Bank Employee Savings Plan
 

South Louisiana Bank

56 Plan: South Louisiana Bank Employee Savings Plan

 
 
56
29
62
75
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 19 point difference between this plan's BrightScope Rating (56) and the top rated plan (75) could equate to:
[How is this calculated?]
9 additional years of work
Up to $99,500 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

South Louisiana Bank Employee Savings Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 56. This plan is in the top 35% of plans for Company Generosity. South Louisiana Bank Employee Savings Plan currently has over 100 active participants and over $6.0M in plan assets.

 

 Investment Menu Statistics

No. of Investment Options
32
Plan Average: 24
Largest Funds in this 401k: based on % allocation of assets
1. Schwab Retirement Advantage Money Market 11%
2. Oakmark Equity & Income 9%
3. Wells Fargo Advantage Government Securities 7%

 Retirement Plan Details

Address 1362 W. Tunnel Blvd.
Houma, LA 70360 
Industry Commercial Banking
Administrator Jamie Baudoin
Net Plan Assets $6,030,000
Total Participants 170
Avg Account Balance $44,000

  Plan Service Providers

Administration Vlp Corporate Services, LLC
Recordkeeper Vlp Corporate Services, LLC
Corporate Trustee Charles Schwab
Auditor Postlethwaite & Netterville

 Comments