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Company:
Petroleum Marketers, Incorporated
Plan:
Petroleum Marketers, Incorporated Employee Stock Ownership & Savings Plan & Trust
 

Petroleum Marketers, Incorporated

55 Plan: Petroleum Marketers, Incorporated Employee Stock Ownership & Savings Plan & Trust

 
 
55
20
60
88
0
10
20
30
40
50
60
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100
For the average 401k participant, the 33 point difference between this plan's BrightScope Rating (55) and the top rated plan (88) could equate to:
[How is this calculated?]
17 additional years of work
Up to $141,500 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

Petroleum Marketers, Incorporated Employee Stock Ownership & Savings Plan & Trust is a defined contribution plan with a profit-sharing component, 401k feature, and leveraged ESOP component. This plan has a BrightScope Rating of 55. This plan is in the top 35% of plans for Participation Rate and Total Plan Cost. Petroleum Marketers, Incorporated Employee Stock Ownership & Savings Plan & Trust currently has over 1,200 active participants and over $28.6M in plan assets.

 

 Investment Menu Statistics

No. of Investment Options
19
Plan Average: 24
Top 3 Funds in this 401k
1. Petroleum Marketers, Inc. Common Stock 46%
2. American Funds American Balanced 22%
3. American Funds Growth Fund of America 9%

 Retirement Plan Details

Address 3000 Ogden Road
Roanoke, VA 24018-2157 
Industry Wholesale Trade
Administrator Robin Harris
Net Plan Assets $28,600,000
Total Participants 1,200
Avg Account Balance $24,000

 Compare Other Companies in Peer Group

nexAir, LLC 71.1
Krueger Wholesale Florist 57.4
District Photo 55.9
Clifford Fuel Company 45.4
Ergon 42.3
Hamilton News Co. 39.0

  Plan Service Providers

Insurance Carrier The National Life Group
Insurance Advisor/Broker William M. Claytor
Recordkeeper Benefit Strategies Inc. (VA)
Corporate Trustee Stellarone
Auditor Dixon Hughes Goodman, LLC

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