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Company:
Palmer, Inc
Plan:
Palmer Truck Group 401k Plan
 

Palmer, Inc

59 Plan: Palmer Truck Group 401k Plan

 
 
59
37
62
80
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 (59) and the top rated plan (80) could equate to:
[How is this calculated?]
10 additional years of work
Up to $85,300 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

Palmer Truck Group 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 59. Palmer Truck Group 401k Plan currently has over 400 active participants and over $16.6M in plan assets.


 Investment Menu Statistics

No. of Investment Options
18
Plan Average: 20
Largest Funds in this 401k: based on % allocation of assets
1. Fidelity Balanced 27%
2. Fidelity Spartan 500 Index 10%
3. American Beacon Large Cap Value 6%

 Retirement Plan Details

Address 2929 S Holt Road
Indianapolis, IN 46241 
Industry Motorcycle, ATV, and All Other Motor Vehicle Dealers
Administrator Jeffrey Curry
Net Plan Assets $16,600,000
Total Participants 450
Avg Account Balance $45,000

 Compare Other Companies in Peer Group

Fyda 68.2
Truck Centers 64.6
Central Illinois Trucks 64.5
Motor Trucks 63.6
Trans-West 63.0
The Larson Group 58.8

 
Plan Service Providers

Recordkeeper Fidelity
Investment Adviser Praxis Fiduciary Advisors
Auditor Somerset CPAS, P.C.