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Company:
McElwain Motor Car Company
Plan:
McElwain, Inc. Profit Sharing Plan
 

McElwain Motor Car Company

67 Plan: McElwain, Inc. Profit Sharing Plan

 
 
67
38
58
74
0
10
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For the average 401k participant, the 7 point difference between this plan's BrightScope Rating (67) and the top rated plan (74) could equate to:
[How is this calculated?]
3 additional years of work
Up to $24,300 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

McElwain, Inc. Profit Sharing Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 67, placing it in the top 15% of all plans in its peer group. This plan is also in the top 15% of plans for Account Balances. McElwain, Inc. Profit Sharing Plan currently has over 100 active participants and over $12.2M in plan assets.

 

 Investment Menu Statistics

No. of Investment Options
21
Plan Average: 24
Top 3 Funds in this 401k
1. MassMutual Select Core Opportunities 19%
2. MassMutual Guaranteed Interest Account 17%
3. MassMutual Premier Balanced 10%

 Retirement Plan Details

Address 900 Bell Avenue
Ellwood City, PA 16117-5802 
Industry New Car Dealers
Administrator H. Frank Mcelwain
Net Plan Assets $12,200,000
Total Participants 120
Avg Account Balance $120,000

  Plan Service Providers

Insurance Carrier MassMutual
Insurance Advisor/Broker Robert C. MacWhinnie
Insurance Advisor/Broker Jon Alan Henderson
Administration Benefit Planning & Admin., Inc.
Auditor Horovitz, Rudoy & Roteman

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