Home  >   401k Directory   >   Community Motors Co., Inc.
 
Company:
Community Motors Co., Inc.
Plan:
Community Motors Co., Inc. Savings Plan
 

Community Motors Co., Inc.

55 Plan: Community Motors Co., Inc. Savings Plan

 
 
55
11
55
78
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 23 point difference between this plan's BrightScope Rating (55) and the top rated plan (78) could equate to:
[How is this calculated?]
10 additional years of work
Up to $139,700 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

Community Motors Co., Inc. Savings Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 55. This plan is in the top 15% of plans for Investment Menu Quality. Community Motors Co., Inc. Savings Plan currently has over 100 active participants and over $2.4M in plan assets.

 

 Retirement Plan Details

Address 4521 University Ave
Cedar Falls, IA 50613-6221 
Industry New Car Dealers
Administrator Brenda Mcfarland
Net Plan Assets $2,440,000
Total Participants 160
Avg Account Balance $15,000

 Top 3 Funds in this 401k

1. Principal Money Market 13%
2. Principal Guaranteed Interest Account 8%
3. Principal Large Cap S&P 500 Index 8%

  Plan Service Providers

Insurance Carrier Principal Financial Group
Insurance Advisor/Broker The Sinnott Agency, Inc.
Administration Principal Financial Group
Auditor Keith Oltrogge CPA Pc

 Comments