Parts Associates, Inc.
47
Plan:
Parts Associates, Inc. Profit Sharing Plan & Trust
45
68
88
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 41 point difference between this plan's BrightScope Rating (47) and the top rated plan (88) could equate to:
[How is this calculated?]
[How is this calculated?]
21 additional years of work Up to $205,700 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
Parts Associates, Inc. Profit Sharing Plan & Trust is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 47. This plan is in the top 35% of plans for Participation Rate and Total Plan Cost. Parts Associates, Inc. Profit Sharing Plan & Trust currently has over 300 active participants and over $9.4M in plan assets.
Retirement Plan Details
| Address |
12420 Plaza Drive
Cleveland, OH 44130-1057 |
| Industry | Wholesale Trade |
| Administrator | Joseph Fasano |
| Net Plan Assets | $9,400,000 |
| Total Participants | 340 |
| Avg Account Balance | $28,000 |
Compare Other Companies in Peer Group
| Rand Worldwide US Holdings | 73.0 |
| Hockenbergs Equipment and Supply Co. | 71.1 |
| E.O. Johnson Company | 70.7 |
| Noble Systems | 64.3 |
| Austin Hardware & Supply | 53.7 |
| Blue Ridge Capital Holdings... | 49.0 |
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