Gates Automotive Corporation
57
Plan:
Gates Automotive Group Employees' Retirement Plan
11
56
78
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 (57) and the top rated plan (78) could equate to:
[How is this calculated?]
[How is this calculated?]
9 additional years of work Up to $159,400 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
Gates Automotive Group Employees' Retirement Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 57. Gates Automotive Group Employees' Retirement Plan currently has over 200 active participants and over $8.7M in plan assets.
Retirement Plan Details
| Address |
640 W. Ireland Road
South Bend, IN 46614 |
| Industry | New Car Dealers |
| Administrator | Joel D. Gates |
| Net Plan Assets | $8,710,000 |
| Total Participants | 230 |
| Avg Account Balance | $38,000 |
Compare Other Companies in Peer Group
| Stanford Brothers | 65.2 |
| Benzel-Busch Motor Car | 64.8 |
| Schepel Buick GMC Truck | 63.0 |
| Village Ford | 58.1 |
| Marty Sussman Organization | 56.6 |
| Krieger Ford | 52.9 |
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