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Company:
Highland Park Motors, Inc.
Plan:
Highland Park Motors, Inc. Employees' Profit Sharing and Savings Plan
 

Highland Park Motors, Inc.

53 Plan: Highland Park Motors, Inc. Employees' Profit Sharing and Savings Plan

 
 
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75
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For the average 401k participant, the 22 point difference between this plan's BrightScope Rating (53) and the top rated plan (75) could equate to:
[How is this calculated?]
9 additional years of work
Up to $151,700 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

Highland Park Motors, Inc. Employees' Profit Sharing and Savings Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 53. This plan is in the top 15% of plans for Investment Menu Quality. Highland Park Motors, Inc. Employees' Profit Sharing and Savings Plan currently has over 200 active participants and over $3.4M in plan assets.

 

 Retirement Plan Details

Address 550 Skokie Valley Rd
Highland Park, IL 60035-4412 
Industry New Car Dealers
Administrator Michael Muller
Net Plan Assets $3,380,000
Total Participants 270
Avg Account Balance $13,000

 Top 3 Funds in this 401k

1. John Hancock Funds II Lifestyle Balanced 40%
2. John Hancock Funds II Lifestyle Growth 18%
3. John Hancock Money Market 8%

  Plan Service Providers

Administration Qualified Pension Professionals, Inc.
Auditor Richard T Desimone Co
Insurance Carrier John Hancock
Insurance Advisor/Broker Morgan Stanley Smith Barney

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