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Company:
Mike Steven Motors, Inc.
Plan:
Steven Motor Group 401k Profit Sharing Plan
 

Mike Steven Motors, Inc.

47 Plan: Steven Motor Group 401k Profit Sharing Plan

 
 
47
27
52
63
0
10
20
30
40
50
60
70
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100
For the average 401k participant, the 16 point difference between this plan's BrightScope Rating (47) and the top rated plan (63) could equate to:
[How is this calculated?]
6 additional years of work
Up to $143,300 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

Steven Motor Group 401k Profit Sharing Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 47. This plan is in the top 35% of plans for Total Plan Cost. Steven Motor Group 401k Profit Sharing Plan currently has over 100 active participants and over $1.8M in plan assets.

 

 Investment Menu Statistics

No. of Investment Options
32
Plan Average: 24
Top 3 Funds in this 401k
1. Fidelity Retirement Money Market 15%
2. Fidelity Capital & Income 11%
3. Fidelity Spartan US Bond Index 7%

 Retirement Plan Details

Address 6631 E. Kellogg
Wichita, KS 67207 
Industry New Car Dealers
Administrator Greg Andersen
Net Plan Assets $1,820,000
Total Participants 180
Avg Account Balance $33,000

  Plan Service Provider

Auditor Regier Carr and Monroe

 Comments