Hines Park Lincoln-Mercury, Inc.
65
Plan:
Hines Park Lincoln-Mercury, Inc. 401k Plan
47
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?]
[How is this calculated?]
5 additional years of work Up to $87,600 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
Hines Park Lincoln-Mercury, Inc. 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 65. This plan is in the top 15% of plans for Account Balances. Hines Park Lincoln-Mercury, Inc. 401k Plan currently has over 100 active participants and over $7.7M in plan assets.
Retirement Plan Details
| Address |
40601 Ann Arbor Rd E
Plymouth, MI 48170-4448 |
| Industry | New Car Dealers |
| Administrator | Michael G. Kolb |
| Net Plan Assets | $7,730,000 |
| Total Participants | 130 |
| Avg Account Balance | $61,000 |
Compare Other Companies in Peer Group
| Bill Black Chevrolet Cadillac | 68.2 |
| Bob Brown Chevrolet | 66.3 |
| Jeffrey Buick - Nissan | 63.3 |
| Bowen Scarff Ford Sales | 62.0 |
| Stumpf Motor Company | 59.2 |
| Korum Automotive Group | 57.4 |
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