TENNESSSEE STATE BANK

Plan Contact

  • Contact person: CATHERINE N. HENDRICKSON
  • Phone: (065) 908-5798

Plan General Information

TENNESSSEE STATE BANK Total Retirement Plan Assets

At the end of 2003, the total retirement plan assets of TENNESSSEE STATE BANK is $2,088,892.00.This plan was established in 1974.

TENNESSSEE STATE BANK Total Number of Retirement Plan Participants

At the end of 2003, the total number of retirement plan participants in TENNESSSEE STATE BANK is 139

TENNESSSEE STATE BANK Average Participant Retirement Account Value

In 2003, the average participant retirement account value for TENNESSSEE STATE BANK is $15,028.00

TENNESSSEE STATE BANK Estimated Average Employee Contribution Amount

In 2003, the estimated average employee contribution amount per participant for TENNESSSEE STATE BANK is $3,644.00.

TENNESSSEE STATE BANK Estimated Average Employer Match

In 2003, the estimated average employer match for an employee in TENNESSSEE STATE BANK is approximately $539.00
Investing in this additonal $539.00 for 20 years would give you extra $34,544.00, assuming a 10% annual return.

TENNESSSEE STATE BANK Total Employer Contribution and Match Rate

In 2003, TENNESSSEE STATE BANK allocates $75,026.00 to match its employees' contributions, providing an employer match rate of 29.62% of their contributions

TENNESSSEE STATE BANK Total Retirement Plan Asset Growth Rate

In 2003, the total retirement plan asset growth rate of TENNESSSEE STATE BANK is 27.85%.

TENNESSSEE STATE BANK Estimated Aggregate Retirement Account Investment Gain/Loss

In 2003, the estimated aggregate retirement account investment gain/loss for TENNESSSEE STATE BANK is 14.90%. This measures the effectiveness of the plan participants' investments in the year.

TENNESSSEE STATE BANK Expense Ratio

In 2003, the investment and administrative expense ratio of TENNESSSEE STATE BANK is 0.00%.

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