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Company:
McGee Motor Cars, Inc. d/b/a McGee Toyota
Plan:
McGee Toyota/Dodge Employee Retirement Plan
 

McGee Motor Cars, Inc. d/b/a McGee Toyota

43 Plan: McGee Toyota/Dodge Employee Retirement Plan

 
 
43
27
52
64
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 21 point difference between this plan's BrightScope Rating (43) and the top rated plan (64) could equate to:
[How is this calculated?]
9 additional years of work
Up to $138,300 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

McGee Toyota/Dodge Employee Retirement Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 43. McGee Toyota/Dodge Employee Retirement Plan currently has over 100 active participants and over $2.4M in plan assets.

 

 Investment Menu Statistics

No. of Investment Options
40
Plan Average: 24
Top 3 Funds in this 401k
1. Fidelity Freedom 2035 19%
2. Fidelity Freedom 2025 15%
3. Fidelity Freedom 2020 12%

 Retirement Plan Details

Address 860 Washington Street
Hanover, MA 02339 
Industry New Car Dealers
Administrator Robert M Mcgee Jr
Net Plan Assets $2,390,000
Total Participants 170
Avg Account Balance $31,000

  Plan Service Provider

Auditor Fay & Associates

 Comments