Hersons, Inc.
63
Plan:
Hersons, Inc. 401k Profit Sharing Plan
44
62
74
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 (63) and the top rated plan (74) could equate to:
[How is this calculated?]
[How is this calculated?]
5 additional years of work Up to $63,600 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
Hersons, 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 63. Hersons, Inc. 401k Profit Sharing Plan currently has over 200 active participants and over $7.8M in plan assets.
Retirement Plan Details
| Address |
15525 Frederick Rd
Rockville, MD 20855-2110 |
| Industry | New Car Dealers |
| Administrator | William K. Andrakakis |
| Net Plan Assets | $7,830,000 |
| Total Participants | 260 |
| Avg Account Balance | $30,000 |
Compare Other Companies in Peer Group
| Ressler Chevrolet | 64.7 |
| Davis-Moore Automotive | 64.4 |
| Ed Schmidt Pontiac-GMT Truck | 63.1 |
| Crevier Motors d/b/a Crevier BMW | 62.2 |
| Tom Bush Volkswagen | 60.1 |
| Jerry Seiner Chevrolet | 44.3 |
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