State Bank of Southern Utah
60
Plan:
State Bank of Southern Utah Profit Sharing 401k Plan
17
64
87
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 27 point difference between this plan's BrightScope Rating (60) and the top rated plan (87) could equate to:
[How is this calculated?]
[How is this calculated?]
14 additional years of work Up to $137,400 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
State Bank of Southern Utah Profit Sharing 401k 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 Total Plan Cost. State Bank of Southern Utah Profit Sharing 401k Plan currently has over 100 active participants and over $9.1M in plan assets.
Retirement Plan Details
| Address |
377 N. Main Street
Cedar City, UT 84720 |
| Industry | Commercial Banking |
| Administrator | John Westwood |
| Net Plan Assets | $9,060,000 |
| Total Participants | 190 |
| Avg Account Balance | $49,000 |
Compare Other Companies in Peer Group
| Bank of Blue Valley | 69.5 |
| First Keystone | 68.4 |
| Banco do Brasil | 66.8 |
| Machias Savings Bank | 66.3 |
| Mid-Wisconsin Financial Services | 66.0 |
| The Baraboo Bancorporation | 63.2 |
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