CADENCE BANK 401(K) PLAN

Plan Contact

  • Address: 3399 PEACHTREE ROAD NE, SUITE 1900,ATLANTA,GA
  • Contact person: SHEILA RAY
  • Phone: (404) 239-8684

Plan General Information

CADENCE BANK 401(K) PLAN Total Number of Retirement Plan Participants

At the end of 2021, the total number of retirement plan participants in CADENCE BANK 401(K) PLAN is 2261

CADENCE BANK 401(K) PLAN Estimated Average Employee Contribution Amount

In 2021, the estimated average employee contribution amount per participant for CADENCE BANK 401(K) PLAN is $4,889.00.

CADENCE BANK 401(K) PLAN Estimated Average Employer Match

In 2021, the estimated average employer match for an employee in CADENCE BANK 401(K) PLAN is approximately $2,798.00
Investing in this additonal $2,798.00 for 20 years would give you extra $179,126.00, assuming a 10% annual return.

CADENCE BANK 401(K) PLAN Total Employer Contribution and Match Rate

In 2021, CADENCE BANK 401(K) PLAN allocates $6,328,220.00 to match its employees' contributions, providing an employer match rate of 57.24% of their contributions

Enrollment Features

CADENCE BANK 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.
    Self-directed Brokerage: It allows participants or employees to allocate part or all of its account to a self directed brokereage account as an investment option.


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