First Charter Corporation
70
Plan:
First Charter Corporation Retirement Savings Plan
39
67
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 $99,800 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
First Charter Corporation Retirement Savings Plan is a defined contribution plan with a profit-sharing component, 401k feature, and ESOP component. This plan has a BrightScope Rating of 70. This plan is in the top 15% of plans for Participation Rate and Total Plan Cost. First Charter Corporation Retirement Savings Plan currently has over 1,100 active participants and over $47.5M in plan assets.
Retirement Plan Details
| Address |
Po Box 37937
Charlotte, NC 28237-7937 |
| Industry | Commercial Banking |
| Administrator | Jodie P. Sawyer |
| Net Plan Assets | $47,500,000 |
| Total Participants | 1,100 |
| Avg Account Balance | $43,000 |
Compare Other Companies in Peer Group
| Renasant | 67.9 |
| INTRUST Financial | 67.7 |
| First Financial Bancorp | 67.3 |
| Prosperity Bancshares | 65.5 |
| TierOne | 59.6 |
| Simmons First National | 50.8 |
Comments