Security State Bank & Trust of Fredericksburg
70
Plan:
Security State Bank & Trust 401k & Profit Sharing Plan
25
65
83
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 13 point difference between this plan's BrightScope Rating (70) and the top rated plan (83) could equate to:
[How is this calculated?]
[How is this calculated?]
7 additional years of work Up to $76,300 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
Security State Bank & Trust 401k & Profit Sharing Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 70. This plan is in the top 15% of plans for Participation Rate. Security State Bank & Trust 401k & Profit Sharing Plan currently has over 100 active participants and over $7.7M in plan assets.
Retirement Plan Details
| Address |
201 W Main St
Fredericksburg, TX 78624-3709 |
| Industry | Commercial Banking |
| Administrator | Laurie Hartmann |
| Net Plan Assets | $7,690,000 |
| Total Participants | 190 |
| Avg Account Balance | $40,000 |
Compare Other Companies in Peer Group
| MFB Financial (The Savings Bank) | 74.1 |
| Uwharrie Capital | 72.1 |
| Home State Bank | 67.2 |
| Atlantic Coast Bank | 67.1 |
| Somerset Trust Company | 62.0 |
| First Security Bank | 57.0 |
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