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Company:
BNC Bancorp
Plan:
Bank of North Carolina Savings and Profit Sharing Plan and Trust
 

BNC Bancorp

66 Plan: Bank of North Carolina Savings and Profit Sharing Plan and Trust

 
 
66
26
60
90
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 24 point difference between this plan's BrightScope Rating (66) and the top rated plan (90) could equate to:
[How is this calculated?]
15 additional years of work
Up to $73,900 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

Bank of North Carolina Savings and Profit Sharing Plan and Trust is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 66. This plan is in the top 35% of plans for Total Plan Cost. Bank of North Carolina Savings and Profit Sharing Plan and Trust currently has over 300 active participants and over $8.6M in plan assets.

 

 Retirement Plan Details

Address 1226 Eastchester Drive
High Point, NC 27265 
Industry Commercial Banking
Administrator Sue Springer
Net Plan Assets $8,560,000
Total Participants 360
Avg Account Balance $24,000

 Top 3 Funds in this 401k

1. BNC Bancorp Company Stock 28%
2. OFI Stable Value 11%
3. Oppenheimer Quest Opportunity Value 11%

  Plan Service Providers

Auditor Cherry, Bekaert & Holland, LLP
Recordkeeper Ascensus, Inc.

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