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Company:
Younger Motorcars, Inc.
Plan:
Younger Motorcars, Inc. 401k Profit Sharing Plan
 

Younger Motorcars, Inc.

31 Plan: Younger Motorcars, Inc. 401k Profit Sharing Plan

 
 
31
11
55
70
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 39 point difference between this plan's BrightScope Rating (31) and the top rated plan (70) could equate to:
[How is this calculated?]
16 additional years of work
Up to $309,700 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

Younger Motorcars, Inc. 401k Profit Sharing Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 31. This plan is in the top 15% of plans for Investment Menu Quality. Younger Motorcars, Inc. 401k Profit Sharing Plan currently has over 100 active participants and over $1.7M in plan assets.

 

 Retirement Plan Details

Address 1935 Dual Highway
Hagerstown, MD 21740-6603 
Industry New Car Dealers
Administrator Robert Younger
Net Plan Assets $1,660,000
Total Participants 160
Avg Account Balance $10,000

 Top 3 Funds in this 401k

1. John Hancock Funds II Lifestyle Balanced 19%
2. John Hancock Funds II Lifestyle Aggressive 10%
3. John Hancock Funds II Lifestyle Conservative 9%

  Plan Service Providers

Insurance Carrier John Hancock
Insurance Advisor/Broker RBC Wealth Management
Auditor Kahn, Berman, Solomon, Taibel & Mogol, P.A.

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