Home  >   401k Directory   >   Schaumburg Toyota, Inc.
 
Company:
Schaumburg Toyota, Inc.
Plan:
Schaumburg Toyota, Inc. Profit Sharing and 401k Plan
 

Schaumburg Toyota, Inc.

57 Plan: Schaumburg Toyota, Inc. Profit Sharing and 401k Plan

 
 
57
11
57
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?]
9 additional years of work
Up to $133,700 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

Schaumburg Toyota, Inc. Profit Sharing and 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 57. Schaumburg Toyota, Inc. Profit Sharing and 401k Plan currently has over 300 active participants and over $10.9M in plan assets.

 

 Retirement Plan Details

Address 875 W Golf Road
Schaumburg, IL 60194-1394 
Industry New Car Dealers
Administrator Lynn Bowman
Net Plan Assets $10,900,000
Total Participants 330
Avg Account Balance $33,000

 Top 3 Funds in this 401k

1. Fidelity Retirement Money Market 17%
2. Fidelity Freedom 2020 10%
3. Rainier Small/Mid Cap Equity 8%

  Plan Service Provider

Auditor Michael Silver & Company

 Comments