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Company:
First Community Bank
Plan:
First Community Bank 401k Plan
 

First Community Bank

64 Plan: First Community Bank 401k Plan

 
 
64
17
63
87
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 23 point difference between this plan's BrightScope Rating (64) and the top rated plan (87) could equate to:
[How is this calculated?]
12 additional years of work
Up to $127,900 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

First Community Bank 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 64. This plan is in the top 35% of plans for Total Plan Cost. First Community Bank 401k Plan currently has over 100 active participants and over $3.6M in plan assets.

 

 Retirement Plan Details

Address 5455 Sunset Boulevard
Lexington, SC 29072 
Industry Commercial Banking
Administrator Susan A. Boatwright
Net Plan Assets $3,630,000
Total Participants 170
Avg Account Balance $22,000

 Top 3 Funds in this 401k

1. Vanguard Target Retirement 2025 26%
2. Vanguard Target Retirement 2015 18%
3. First Community Corporation Common Stock 16%

  Plan Service Providers

Investment Adviser American Pensions, Inc.
Recordkeeper American Pensions, Inc.
Auditor Elliott Davis, LLC

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