First Palmetto Savings Bank
40
Plan:
First Palmetto Savings Bank Retirement Plan
22
67
87
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 47 point difference between this plan's BrightScope Rating (40) and the top rated plan (87) could equate to:
[How is this calculated?]
[How is this calculated?]
23 additional years of work Up to $331,600 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 Palmetto Savings Bank Retirement Plan is a defined contribution plan with a profit-sharing component. This plan has a BrightScope Rating of 40. This plan is in the top 15% of plans for Company Generosity and Total Plan Cost. First Palmetto Savings Bank Retirement Plan currently has over 100 active participants and over $10.1M in plan assets.
Retirement Plan Details
| Address |
P.O. Box 430
Camden, SC 29020-0430 |
| Industry | Savings Institutions |
| Administrator | Virginla L. Locke |
| Net Plan Assets | $10,100,000 |
| Total Participants | 160 |
| Avg Account Balance | $63,000 |
Compare Other Companies in Peer Group
| Artisan's Bank | 76.7 |
| Coastway Community Bank | 75.7 |
| Dime Bank | 70.6 |
| Cascade Financial | 65.2 |
| East Cambridge Savings Bank | 65.2 |
| Savings Institute Bank & Trust... | 65.2 |
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