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Company:
First Family, Inc.
Plan:
The Bredemann Chevrolet, Inc., The Bredemann Toyota, Inc. and Bredemann Lexus in Glenview 401k Retirement Plan
 

First Family, Inc.

62 Plan: The Bredemann Chevrolet, Inc., The Bredemann Toyota, Inc. and Bredemann Lexus in Glenview 401k Retirement Plan

 
 
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71
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For the average 401k participant, the 9 point difference between this plan's BrightScope Rating (62) and the top rated plan (71) could equate to:
[How is this calculated?]
4 additional years of work
Up to $50,000 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

The Bredemann Chevrolet, Inc., The Bredemann Toyota, Inc. and Bredemann Lexus in Glenview 401k Retirement Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 62. This plan is in the top 35% of plans for Investment Menu Quality and Salary Deferral. The Bredemann Chevrolet, Inc., The Bredemann Toyota, Inc. and Bredemann Lexus in Glenview 401k Retirement Plan currently has over 100 active participants and over $4.7M in plan assets.

 

 Retirement Plan Details

Address 1401 Dempster St
Park Ridge, IL 60068-1185 
Industry New Car Dealers
Administrator Joseph J. Bredemann
Net Plan Assets $4,700,000
Total Participants 190
Avg Account Balance $25,000

 Compare Other Companies in Peer Group

Shelton 71.4
Kahlig Enterprises 64.0
Ael, LLC 63.2
Thompson Lincoln Mercury 60.3
Raymond Chevrolet 58.1
Cavender Oldsmobile Company 57.5

 Top 3 Funds in this 401k

1. AdvisorOne Amerigo 12%
2. Lazard Emerging Markets 7%
3. Nationwide Money Market 6%

  Plan Service Providers

Insurance Carrier Nationwide
Insurance Carrier American United Life
Auditor Bik & Co LLP
Insurance Advisor/Broker The National Life Group

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