South Louisiana Bank
60
Plan:
South Louisiana Bank Employee Savings Plan
10
63
82
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 22 point difference between this plan's BrightScope Rating (60) and the top rated plan (82) could equate to:
[How is this calculated?]
[How is this calculated?]
10 additional years of work Up to $186,900 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 60. This plan is in the top 15% of plans for Investment Menu Quality. South Louisiana Bank Employee Savings Plan currently has over 100 active participants and over $4.0M in plan assets.
Retirement Plan Details
| Address |
1362 W Tunnel Blvd
Houma, LA 70360-2731 |
| Industry | Commercial Banking |
| Administrator | Patti Rasberry |
| Net Plan Assets | $3,980,000 |
| Total Participants | 150 |
| Avg Account Balance | $27,000 |
Compare Other Companies in Peer Group
| Heritage Bancshares Group | 67.2 |
| Palm Desert National Bank | 66.5 |
| First National | 59.9 |
| TruPoint Bank | 59.3 |
| Carolina Bank & Trust Company | 55.5 |
| National Bank of Tennessee | 53.8 |
Comments