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

Gaines Motor Lines, Inc.

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

 
 
37
3
54
80
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 43 point difference between this plan's BrightScope Rating (37) and the top rated plan (80) could equate to:
[How is this calculated?]
19 additional years of work
Up to $329,300 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 37. This plan is in the top 35% of plans for Account Balances. Gaines Motor Lines, Inc. 401k Retirement Savings Plan currently has over 100 active participants and over $2.8M in plan assets.


 Investment Menu Statistics

No. of Investment Options
18
Plan Average: 20
Largest Funds in this 401k: based on % allocation of assets
1. SEI Fixed Fund 81%
2. Davis New York Venture 2%
3. MFS Moderate Allocation 1%

 Retirement Plan Details

Address 2349 13th Ave. Sw
Hickory, NC 28602 
Industry Transportation and Warehousing
Administrator Timothy Gaines
Net Plan Assets $2,750,000
Total Participants 130
Avg Account Balance $56,000

  Plan Service Providers

Recordkeeper Hartford
Auditor Whisnant & Company LLP