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Company:
Jack Young Company, Inc.
Plan:
Jack Young Company & Central Automotive Warehouse 401k Plan
 

Jack Young Company, Inc.

50 Plan: Jack Young Company & Central Automotive Warehouse 401k Plan

 
 
50
41
67
84
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 34 point difference between this plan's BrightScope Rating (50) and the top rated plan (84) could equate to:
[How is this calculated?]
17 additional years of work
Up to $173,200 in lost retirement savings.
The delay in retirement calculations apply solely to this defined contribution plan and do not take into account other retirement plans and programs offered by this employer.

 

Retirement Plan Description

Jack Young Company & Central Automotive Warehouse 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 50. This plan is in the top 15% of plans for Investment Menu Quality and Participation Rate. Jack Young Company & Central Automotive Warehouse 401k Plan currently has over 100 active participants and over $8.1M in plan assets.

 

 
Plan Component Ratings

 Retirement Plan Details

Address 334-362 Cambridge Street
Allston, MA 02134-1725 
Industry Wholesale Trade
Administrator Irwin H. Young
Net Plan Assets $8,140,000
Total Participants 140
Avg Account Balance $60,000

 Compare Other Companies in Peer Group

Subaru Distributors 70.7
The Tire Rack 65.7
Brandt Holdings Company 61.4
Nestor Sales, LLC 54.0
Automotive Parts Headquarters 51.3
America's Powersports 48.4

 Top 3 Funds in this 401k

1. Total US Government Securities 19%
2. John Hancock Guaranteed Interest Accounts 15%
3. Total Certificates of Deposit 6%

  Plan Service Providers

Insurance Carrier Guardian Life Insurance Company
Insurance Carrier John Hancock
Insurance Advisor/Broker Louis A. Beckerman
Recordkeeper John Hancock
Auditor Abrams Little-Gill Loberfeld, Pc

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