FOUR OAKS BANK & TRUST COMPANY PROFIT SHARING RETIREMENT PLAN AND TRUST

Plan Contact

  • Contact person: WANDA J. BLOW
  • Phone: (919) 963-2177

Plan General Information

FOUR OAKS BANK & TRUST COMPANY PROFIT SHARING RETIREMENT PLAN AND TRUST Total Retirement Plan Assets

At the end of 2004, the total retirement plan assets of FOUR OAKS BANK & TRUST COMPANY PROFIT SHARING RETIREMENT PLAN AND TRUST is $4,325,586.00.This plan was established in 1980.

FOUR OAKS BANK & TRUST COMPANY PROFIT SHARING RETIREMENT PLAN AND TRUST Total Number of Retirement Plan Participants

At the end of 2004, the total number of retirement plan participants in FOUR OAKS BANK & TRUST COMPANY PROFIT SHARING RETIREMENT PLAN AND TRUST is 145

FOUR OAKS BANK & TRUST COMPANY PROFIT SHARING RETIREMENT PLAN AND TRUST Average Participant Retirement Account Value

In 2004, the average participant retirement account value for FOUR OAKS BANK & TRUST COMPANY PROFIT SHARING RETIREMENT PLAN AND TRUST is $29,831.00

FOUR OAKS BANK & TRUST COMPANY PROFIT SHARING RETIREMENT PLAN AND TRUST Estimated Average Employee Contribution Amount

In 2004, the estimated average employee contribution amount per participant for FOUR OAKS BANK & TRUST COMPANY PROFIT SHARING RETIREMENT PLAN AND TRUST is $3,975.00.

FOUR OAKS BANK & TRUST COMPANY PROFIT SHARING RETIREMENT PLAN AND TRUST Estimated Average Employer Match

In 2004, the estimated average employer match for an employee in FOUR OAKS BANK & TRUST COMPANY PROFIT SHARING RETIREMENT PLAN AND TRUST is approximately $357.00
Investing in this additonal $357.00 for 20 years would give you extra $22,866.00, assuming a 10% annual return.

FOUR OAKS BANK & TRUST COMPANY PROFIT SHARING RETIREMENT PLAN AND TRUST Total Employer Contribution and Match Rate

In 2004, FOUR OAKS BANK & TRUST COMPANY PROFIT SHARING RETIREMENT PLAN AND TRUST allocates $51,807.00 to match its employees' contributions, providing an employer match rate of 17.97% of their contributions

FOUR OAKS BANK & TRUST COMPANY PROFIT SHARING RETIREMENT PLAN AND TRUST Total Retirement Plan Asset Growth Rate

In 2004, the total retirement plan asset growth rate of FOUR OAKS BANK & TRUST COMPANY PROFIT SHARING RETIREMENT PLAN AND TRUST is 36.37%.

FOUR OAKS BANK & TRUST COMPANY PROFIT SHARING RETIREMENT PLAN AND TRUST Estimated Aggregate Retirement Account Investment Gain/Loss

In 2004, the estimated aggregate retirement account investment gain/loss for FOUR OAKS BANK & TRUST COMPANY PROFIT SHARING RETIREMENT PLAN AND TRUST is 28.00%. This measures the effectiveness of the plan participants' investments in the year.

FOUR OAKS BANK & TRUST COMPANY PROFIT SHARING RETIREMENT PLAN AND TRUST Expense Ratio

In 2004, the investment and administrative expense ratio of FOUR OAKS BANK & TRUST COMPANY PROFIT SHARING RETIREMENT PLAN AND TRUST is 0.39%.

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