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Company:
Ideal Buick, Inc.
Plan:
The Ideal Automotive Group Plan
 

Ideal Buick, Inc.

54 Plan:

 
 
54
41
60
75
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 21 point difference between this plan's BrightScope Rating (54) and the top rated plan (75) could equate to:
[How is this calculated?]
9 additional years of work
Up to $159,200 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

The Ideal Automotive Group Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 54. This plan is in the top 35% of plans for Participation Rate and Total Plan Cost. The Ideal Automotive Group Plan currently has over 100 active participants and over $4.1M in plan assets.

 

 Retirement Plan Details

Address 50 S Wisner St
Frederick, MD 21701-5652 
Industry New Car Dealers
Administrator Dewalt Willard
Net Plan Assets $4,050,000
Total Participants 130
Avg Account Balance $32,000

 Compare Other Companies in Peer Group

Keystone Motors 66.2
Century Motors 64.7
Bob Tomes Ford 63.4
Basney Imports 59.6
Auto Partners, LLC 59.1
Gerry Lane Enterprises 57.2

 Top 3 Funds in this 401k

1. Vanguard Wellesley Income 57%
2. T. Rowe Price Retirement 2030 7%
3. Sterling Capital Prime Money Market 5%

  Plan Service Providers

Auditor McLean, Koehler, Sparks & Hammond
Corporate Trustee BB&T

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