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Company:
Albert Motors, Inc.
Plan:
Albert Motors, Inc. 401k Plan
 

Albert Motors, Inc.

64 Plan: Albert Motors, Inc. 401k Plan

 
 
64
36
57
75
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 11 point difference between this plan's BrightScope Rating (64) and the top rated plan (75) could equate to:
[How is this calculated?]
5 additional years of work
Up to $70,300 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

Albert Motors, Inc. 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 64, placing it in the top 15% of all plans in its peer group. This plan is also in the top 35% of plans for Investment Menu Quality. Albert Motors, Inc. 401k Plan currently has fewer than 100 active participants and over $2.4M in plan assets.

 

 Retirement Plan Details

Address 905 Brady Avenue
Steubenville, OH 43952 
Industry New Car Dealers
Administrator Christine Lawrence
Sponsor Geary Teramana
Net Plan Assets $2,420,000
Total Participants 78
Avg Account Balance $31,000

 Top 3 Funds in this 401k

1. John Hancock Funds II Lifestyle Moderate 31%
2. John Hancock Funds II Lifestyle Growth 23%
3. John Hancock Funds II Lifestyle Balanced 21%

  Plan Service Providers

Insurance Carrier John Hancock
Insurance Advisor/Broker Wells Fargo (Wachovia)
Recordkeeper John Hancock
Auditor Brady, Ware & Schoenfeld, Inc.

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