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Company:
Thompson Lincoln Mercury, Inc.
Plan:
Thompson Lincoln Mercury 401k Plan
 

Thompson Lincoln Mercury, Inc.

50 Plan: Thompson Lincoln Mercury 401k Plan

 
 
50
36
57
78
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 28 point difference between this plan's BrightScope Rating (50) and the top rated plan (78) could equate to:
[How is this calculated?]
12 additional years of work
Up to $138,500 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

Thompson Lincoln Mercury 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 50. This plan is in the top 35% of plans for Investment Menu Quality. Thompson Lincoln Mercury 401k Plan currently has over 100 active participants and over $3.9M in plan assets.

 

 
Plan Component Ratings

 Retirement Plan Details

Address 1000 Merritt Boulevard
Baltimore, MD 21222 
Industry New Car Dealers
Administrator Tommie Thompson, Sr.
Net Plan Assets $3,940,000
Total Participants 190
Avg Account Balance $20,000

 Compare Other Companies in Peer Group

Colonial Imports 59.1
Charles Daher's Commonwealth Motors 53.2
Wally McCarthy's Oldsmobile 50.4
Neil Huffman 50.2
Harold Gwatney Chevrolet Company 43.3
Griffin Automotive Group, LLC 39.1

 Top 3 Funds in this 401k

1. ING Solution 2025 13%
2. ING Fixed Account 10%
3. ING Solution 2035 9%

  Plan Service Providers

Insurance Carrier ING
Insurance Advisor/Broker Lincoln Financial
Auditor Gorfine Schiller & Gardyn, P.A.

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