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Company:
Kool Chevrolet Inc.
Plan:
Kool Chevrolet Inc. Savings & Retirement Plan
 

Kool Chevrolet Inc.

61 Plan: Kool Chevrolet Inc. Savings & Retirement Plan

 
 
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74
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For the average 401k participant, the 13 point difference between this plan's BrightScope Rating (61) and the top rated plan (74) could equate to:
[How is this calculated?]
5 additional years of work
Up to $114,000 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

Kool Chevrolet Inc. Savings & Retirement Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 61. This plan is in the top 35% of plans for Account Balances. Kool Chevrolet Inc. Savings & Retirement Plan currently has over 100 active participants and over $7.7M in plan assets.

 

 Retirement Plan Details

Address 3770 Plainfield Ave Ne
Grand Rapids, MI 49525-2404 
Industry New Car Dealers
Administrator Harry De Jana
Net Plan Assets $7,740,000
Total Participants 190
Avg Account Balance $42,000

 Top 3 Funds in this 401k

1. Russell LifePoints Balanced Strategy 24%
2. Principal Large Cap Growth II 13%
3. Principal Diversified International 9%

  Plan Service Providers

Insurance Carrier Principal Financial Group
Auditor Hungerford, Aldrin, Nichols & Carter, P.C.
Corporate Trustee Delaware Charter Guarantee & Trust Company
Insurance Advisor/Broker Northwestern Mutual

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