Karl Knauz Motors Inc.
65
Plan:
Karl Knauz Motors, Inc. Group 401k Profit Sharing Plan
36
56
78
0
10
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40
50
60
70
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100
For the average 401k participant, the 13 point difference between this plan's BrightScope Rating (65) and the top rated plan (78) could equate to:
[How is this calculated?]
[How is this calculated?]
6 additional years of work Up to $56,500 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
Karl Knauz Motors, Inc. Group 401k Profit Sharing Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 65, placing it in the top 15% of all plans in its peer group. This plan is also in the top 35% of plans for Participation Rate. Karl Knauz Motors, Inc. Group 401k Profit Sharing Plan currently has over 300 active participants and over $14.7M in plan assets.
Retirement Plan Details
| Address |
409 Skokie Highway
Lake Bluff, IL 60044 |
| Industry | New Car Dealers |
| Administrator | Ronald Lofchie |
| Net Plan Assets | $14,700,000 |
| Total Participants | 340 |
| Avg Account Balance | $44,000 |
Compare Other Companies in Peer Group
| Weber Chevrolet Company | 74.6 |
| CSM Companies | 67.7 |
| Grappone Management Company | 66.0 |
| Davis-Moore Automotive | 63.8 |
| Bensco | 58.8 |
| Maita Chevrolet | 58.3 |
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