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Company:
Freightliner of Grand Rapids
Plan:
Freightliner of Grand Rapids 401k Profit Sharing Plan
 

Freightliner of Grand Rapids

48 Plan: Freightliner of Grand Rapids 401k Profit Sharing Plan

 
 
48
21
57
82
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 34 point difference between this plan's BrightScope Rating (48) and the top rated plan (82) could equate to:
[How is this calculated?]
14 additional years of work
Up to $262,900 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

Freightliner of Grand Rapids 401k Profit Sharing Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 48. This plan is in the top 15% of plans for Investment Menu Quality. Freightliner of Grand Rapids 401k Profit Sharing Plan currently has over 100 active participants and over $3.3M in plan assets.

 

 
Plan Component Ratings

 Retirement Plan Details

Address 5285 Clay Ave Sw
Grand Rapids, MI 49548-5657 
Industry All Other Motor Vehicle Dealers
Administrator G. Scott Rawlings
Sponsor G. Scott Rawlings, Trustee
Net Plan Assets $3,330,000
Total Participants 130
Avg Account Balance $25,000

 Compare Other Companies in Peer Group

Santex Truck Center, Ltd. 59.1
Fred M. Boerner Motor 58.3
Lower Great Lakes Kenworth 57.0
Hissong Group 56.2
West Texas Peterbilt Lubbock 54.5
Truck Sales & Service 47.5

 Top 3 Funds in this 401k

1. Lincoln Financial Short Term (SA14) 15%
2. Lincoln Financial Global Small Capitalization 8%
3. MFS Utilities 8%

  Plan Service Providers

Insurance Carrier Principal Financial Group
Auditor Bardolph & Associates
Corporate Trustee Lincoln Financial
Insurance Carrier Lincoln Financial
Insurance Advisor/Broker Beth A. Oldenburg
Insurance Advisor/Broker The Oldenburg Company, Inc.
Insurance Advisor/Broker Woodbury Financial Services, Inc.

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