National Bankshares, Inc.
36
Plan:
National Bankshares, Inc. Employee Stock Ownership Plan
10
63
75
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 39 point difference between this plan's BrightScope Rating (36) and the top rated plan (75) could equate to:
[How is this calculated?]
[How is this calculated?]
15 additional years of work Up to $268,700 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
National Bankshares, Inc. Employee Stock Ownership Plan is a defined contribution plan with a stock bonus component and ESOP component. This plan has a BrightScope Rating of 36. This plan is in the top 15% of plans for Participation Rate and Total Plan Cost. National Bankshares, Inc. Employee Stock Ownership Plan currently has over 200 active participants and over $4.3M in plan assets.
Retirement Plan Details
| Address |
101 Hubbard St
Blacksburg, VA 24060-5743 |
| Industry | Commercial Banking |
| Administrator | James G. Rakes |
| Net Plan Assets | $4,270,000 |
| Total Participants | 230 |
| Avg Account Balance | $20,000 |
Compare Other Companies in Peer Group
| Florida Capital Group | 74.1 |
| Fidelity Bank | 71.6 |
| Omni National Bank | 67.0 |
| New Frontier Bank | 63.3 |
| Fidelity Deposit & Discount Bank | 61.1 |
| United Community Bancorp | 60.0 |
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