Tenvoorde Motor Company
58
Plan:
Tenvoorde Motor Company 401k Plan
26
58
75
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 17 point difference between this plan's BrightScope Rating (58) and the top rated plan (75) could equate to:
[How is this calculated?]
[How is this calculated?]
7 additional years of work Up to $133,900 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
Tenvoorde Motor Company 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 58. This plan is in the top 35% of plans for Investment Menu Quality and Salary Deferral. Tenvoorde Motor Company 401k Plan currently has fewer than 100 active participants and over $2.3M in plan assets.
Retirement Plan Details
| Address |
Po Box 1045
Saint Cloud, MN 56302-1045 |
| Industry | New Car Dealers |
| Administrator | Tenvoords |
| Sponsor | Mike Tenvoords |
| Net Plan Assets | $2,310,000 |
| Total Participants | 86 |
| Avg Account Balance | $27,000 |
Compare Other Companies in Peer Group
| Palmer | 64.1 |
| Ron-Carter | 61.7 |
| Lynchburg Ford | 61.1 |
| Century Buick | 59.2 |
| Hodge Affiliated Companies | 58.9 |
| Tucson Dodge | 57.8 |
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