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Company:
Southgate Automotive, Inc.
Plan:
Southgate Automotive, Inc. 401k Plan & Trust
 

Southgate Automotive, Inc.

65 Plan: Southgate Automotive, Inc. 401k Plan & Trust

 
 
65
44
63
76
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 11 point difference between this plan's BrightScope Rating (65) and the top rated plan (76) could equate to:
[How is this calculated?]
5 additional years of work
Up to $39,600 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

Southgate Automotive, Inc. 401k Plan & Trust is a defined contribution plan with a 401k feature. This plan has a BrightScope Rating of 65. This plan is in the top 35% of plans for Account Balances. Southgate Automotive, Inc. 401k Plan & Trust currently has over 100 active participants and over $8.2M in plan assets.

 

 Retirement Plan Details

Address 16501 Fort St
Southgate, MI 48195-1403 
Industry New Car Dealers
Administrator Walter J. Oben, Jr.
Net Plan Assets $8,240,000
Total Participants 200
Avg Account Balance $41,000

 Top 3 Funds in this 401k

1. Fidelity Equity-Income 11%
2. Fidelity Diversified International 9%
3. Fidelity Retirement Money Market 9%

  Plan Service Providers

Auditor Plante & Moran, PLLC
Recordkeeper Fidelity

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