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Company:
Gaines Motor Lines, Inc.
Plan:
Gaines Motor Lines, Inc. 401k Retirement Savings Plan
 

Gaines Motor Lines, Inc.

55 Plan: Gaines Motor Lines, Inc. 401k Retirement Savings Plan

 
 
55
27
59
86
0
10
20
30
40
50
60
70
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90
100
For the average 401k participant, the 31 point difference between this plan's BrightScope Rating (55) and the top rated plan (86) could equate to:
[How is this calculated?]
15 additional years of work
Up to $192,900 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

Gaines Motor Lines, Inc. 401k Retirement Savings Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 55. Gaines Motor Lines, Inc. 401k Retirement Savings Plan currently has over 100 active participants and over $2.9M in plan assets.

 

 
Plan Component Ratings

 Retirement Plan Details

Address 2349 13th Ave. Sw
Hickory, NC 28602 
Industry Transportation and Warehousing
Administrator Timothy Gaines
Net Plan Assets $2,920,000
Total Participants 120
Avg Account Balance $24,000

 Compare Other Companies in Peer Group

Purolator USA 68.9
Johnsrud Transport 54.7
Ralph Moyle 54.1
Davis Cartage Company 49.7
Lint Van Lines 45.0
Ormsby Trucking 26.8

 Top 3 Funds in this 401k

1. SEI Fixed Fund 29%
2. Davis New York Venture 10%
3. MFS Total Return 8%

  Plan Service Providers

Recordkeeper Hartford
Recordkeeper GPC Securities, Inc.
Auditor Whisnant & Company LLP

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