SAVINGS PLAN FOR THE EMPLOYEES OF SOUTH BANKING COMPANY
Plan Contact
- Contact person: PAUL T. BENNETT
- Phone: (912) 632-8631
Plan General Information
SAVINGS PLAN FOR THE EMPLOYEES OF SOUTH BANKING COMPANY Total Retirement Plan Assets
At the end of 2002, the total retirement plan assets of SAVINGS PLAN FOR THE EMPLOYEES OF SOUTH BANKING COMPANY is $3,019,484.00.This plan was established in 1993.
SAVINGS PLAN FOR THE EMPLOYEES OF SOUTH BANKING COMPANY Total Number of Retirement Plan Participants
At the end of 2002, the total number of retirement plan participants in SAVINGS PLAN FOR THE EMPLOYEES OF SOUTH BANKING COMPANY is 164
SAVINGS PLAN FOR THE EMPLOYEES OF SOUTH BANKING COMPANY Average Participant Retirement Account Value
In 2002, the average participant retirement account value for SAVINGS PLAN FOR THE EMPLOYEES OF SOUTH BANKING COMPANY is $18,411.00
SAVINGS PLAN FOR THE EMPLOYEES OF SOUTH BANKING COMPANY Estimated Average Employee Contribution Amount
In 2002, the estimated average employee contribution amount per participant for SAVINGS PLAN FOR THE EMPLOYEES OF SOUTH BANKING COMPANY is $3,623.00.
SAVINGS PLAN FOR THE EMPLOYEES OF SOUTH BANKING COMPANY Estimated Average Employer Match
In 2002, the estimated average employer match for an employee in SAVINGS PLAN FOR THE EMPLOYEES OF SOUTH BANKING COMPANY is approximately $992.00
Investing in this additonal $992.00 for 20 years would give you extra $63,546.00, assuming a 10% annual return.
Investing in this additonal $992.00 for 20 years would give you extra $63,546.00, assuming a 10% annual return.
SAVINGS PLAN FOR THE EMPLOYEES OF SOUTH BANKING COMPANY Total Employer Contribution and Match Rate
In 2002, SAVINGS PLAN FOR THE EMPLOYEES OF SOUTH BANKING COMPANY allocates $162,837.00 to match its employees' contributions, providing an employer match rate of 54.81% of their contributions
SAVINGS PLAN FOR THE EMPLOYEES OF SOUTH BANKING COMPANY Total Retirement Plan Asset Growth Rate
In 2002, the total retirement plan asset growth rate of SAVINGS PLAN FOR THE EMPLOYEES OF SOUTH BANKING COMPANY is -1.34%.
SAVINGS PLAN FOR THE EMPLOYEES OF SOUTH BANKING COMPANY Estimated Aggregate Retirement Account Investment Gain/Loss
In 2002, the estimated aggregate retirement account investment gain/loss for SAVINGS PLAN FOR THE EMPLOYEES OF SOUTH BANKING COMPANY is -12.08%. This measures the effectiveness of the plan participants' investments in the year.
SAVINGS PLAN FOR THE EMPLOYEES OF SOUTH BANKING COMPANY Expense Ratio
In 2002, the investment and administrative expense ratio of SAVINGS PLAN FOR THE EMPLOYEES OF SOUTH BANKING COMPANY is 0.00%.
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