Jack Demmer Ford, Inc.
68
Plan:
Jack Demmer Ford, Inc. 401k Plan
47
63
76
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 8 point difference between this plan's BrightScope Rating (68) and the top rated plan (76) could equate to:
[How is this calculated?]
[How is this calculated?]
4 additional years of work Up to $52,700 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
Jack Demmer Ford, Inc. 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 68, placing it in the top 15% of all plans in its peer group. This plan is also in the top 15% of plans for Account Balances. Jack Demmer Ford, Inc. 401k Plan currently has fewer than 100 active participants and over $8.0M in plan assets.
Retirement Plan Details
| Address |
37300 Michigan Ave
Wayne, MI 48184-1165 |
| Industry | New Car Dealers |
| Administrator | Jack Demmer Ford, Inc. |
| Sponsor | James L. Demmer |
| Net Plan Assets | $7,970,000 |
| Total Participants | 98 |
| Avg Account Balance | $81,000 |
Compare Other Companies in Peer Group
| Robert James Sales | 67.2 |
| Adamson Motors | 65.0 |
| Sellers Buick Pontiac GMC | 61.3 |
| R.H. Long Motor Sales | 60.4 |
| Whitlow Chevrolet | 60.0 |
| Gurley Motor Company | 47.1 |
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