BANKSOUTH'S 401(K) PLAN
- Address: 200 N. EAST STREET,GREENSBORO,GA
- Contact person: TRACI THRASHER
- Phone: (706) 453-2265
BANKSOUTH'S 401(K) PLAN has the following features:
Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.
At the end of 2022, the total retirement plan assets of BANKSOUTH'S 401(K) PLAN is $27,426,544.00.This plan was established in 1994.
At the end of 2022, the total number of retirement plan participants in BANKSOUTH'S 401(K) PLAN is 394
In 2022, the average participant retirement account value for BANKSOUTH'S 401(K) PLAN is $69,610.00
In 2022, the estimated average employee contribution amount per participant for BANKSOUTH'S 401(K) PLAN is $7,702.00
In 2022, the estimated average employer match for an employee in BANKSOUTH'S 401(K) PLAN is approximately $3,062.00
In 2022, BANKSOUTH'S 401(K) PLAN allocates $1,206,589.00 to match its employees' contributions, providing an employer match rate of 42.34% of their contributions
In 2022, the total retirement plan asset growth rate of BANKSOUTH'S 401(K) PLAN is -11.45%
In 2022, the estimated aggregate retirement account investment gain/loss for BANKSOUTH'S 401(K) PLAN is -16.29%. This measures the effectiveness of the plan participants' investments in the year.
In 2022, the investment and administrative expense ratio of BANKSOUTH'S 401(K) PLAN is 0.08%.
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