Sulphur Springs Bancshares, Inc.
64
Plan:
Sulphur Springs Bancshares, Inc. Employee Stock Ownership 401k Plan
17
64
87
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 23 point difference between this plan's BrightScope Rating (64) and the top rated plan (87) could equate to:
[How is this calculated?]
[How is this calculated?]
13 additional years of work Up to $65,900 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
Sulphur Springs Bancshares, Inc. Employee Stock Ownership 401k Plan is a defined contribution plan with a profit-sharing component, 401k feature, and ESOP component. This plan has a BrightScope Rating of 64. This plan is in the top 15% of plans for Total Plan Cost. Sulphur Springs Bancshares, Inc. Employee Stock Ownership 401k Plan currently has over 100 active participants and over $8.5M in plan assets.
Retirement Plan Details
| Address |
201 Connally Street
Sulphur Springs, TX 75482 |
| Industry | Commercial Banking |
| Administrator | Richard Reynolds |
| Net Plan Assets | $8,550,000 |
| Total Participants | 150 |
| Avg Account Balance | $57,000 |
Compare Other Companies in Peer Group
| First Business Financial Services | 71.9 |
| Lubbock National Bank | 71.5 |
| Farmers & Merchants Bank | 70.1 |
| Union National Community Bank | 62.9 |
| Citizens National Bank | 62.1 |
| Southeastern Bank | 61.9 |
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