SGB Corporation d/b/a WestAmerica Mortgage Co.
61
Plan:
WestAmerica Mortgage Co. 401k Plan
3
61
84
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 (61) and the top rated plan (84) could equate to:
[How is this calculated?]
[How is this calculated?]
12 additional years of work Up to $138,300 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
WestAmerica Mortgage Co. 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 61. This plan is in the top 35% of plans for Account Balances, Salary Deferral, and Total Plan Cost. WestAmerica Mortgage Co. 401k Plan currently has over 200 active participants and over $7.0M in plan assets.
Retirement Plan Details
| Address |
5655 S Yosemite St Ste 460
Greenwood Village, CO 80111-3251 |
| Industry | Real Estate Credit |
| Administrator | Terre Perry |
| Sponsor | Richard P. George |
| Net Plan Assets | $6,990,000 |
| Total Participants | 220 |
| Avg Account Balance | $32,000 |
Compare Other Companies in Peer Group
| MCF | 73.4 |
| Origen Financial, LLC | 69.6 |
| GSF Mortgage | 68.8 |
| W. R. Starkey Mortgage, L.L.P. | 67.0 |
| Hometrust Mortgage Company | 65.8 |
| Sunshine Mortgage | 65.4 |
Comments