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Company:
Abernethy Chevrolet-Oldsmobile, Inc.
Plan:
Abernethy Chevrolet-Oldsmobile, Inc. 401k Profit Sharing Plan
 

Abernethy Chevrolet-Oldsmobile, Inc.

55 Plan: Abernethy Chevrolet-Oldsmobile, Inc. 401k Profit Sharing Plan

 
 
55
23
58
75
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 20 point difference between this plan's BrightScope Rating (55) and the top rated plan (75) could equate to:
[How is this calculated?]
8 additional years of work
Up to $152,300 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

Abernethy Chevrolet-Oldsmobile, Inc. 401k Profit Sharing Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 55. This plan is in the top 15% of plans for Participation Rate. Abernethy Chevrolet-Oldsmobile, Inc. 401k Profit Sharing Plan currently has over 100 active participants and over $1.5M in plan assets.

 

 Investment Menu Statistics

No. of Investment Options
31
Plan Average: 24
Top 3 Funds in this 401k
1. Franklin Balance Sheet Investment 10%
2. UBS S&P 500 Index 10%
3. American Funds Growth Fund of America 8%

 Retirement Plan Details

Address Po Box 69
Lincolnton, NC 28093-0069 
Industry New Car Dealers
Administrator Darrell L. Deal
Sponsor Paul Nitchell Abernethy
Net Plan Assets $1,500,000
Total Participants 120
Avg Account Balance $13,000

 Compare Other Companies in Peer Group

Marietta Toyota 61.4
Acra Automotive Group 58.0
Kayser Ford 57.1
Subaru of Mt. Olive, LLC 55.2
Liberty Auto City 53.8
Mike Barnard Chevrolet 50.5

  Plan Service Providers

Auditor Butler & Stowe
Insurance Carrier Hartford
Insurance Advisor/Broker UBS Financial Services, Inc.

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