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Company:
G & B Oil Company, Inc.
Plan:
G & B Oil Company, Inc. 401k Profit Sharing Plan
 

G & B Oil Company, Inc.

60 Plan: G & B Oil Company, Inc. 401k Profit Sharing Plan

 
 
60
37
56
84
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 24 point difference between this plan's BrightScope Rating (60) and the top rated plan (84) could equate to:
[How is this calculated?]
12 additional years of work
Up to $128,100 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

G & B Oil Company, 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 60. This plan is in the top 35% of plans for Company Generosity and Participation Rate. G & B Oil Company, Inc. 401k Profit Sharing Plan currently has over 100 active participants and over $6.0M in plan assets.

 

 Retirement Plan Details

Address 667 North Bridge Street
P.O. Box 811
Elkin, NC 28621 
Industry Liquefied Petroleum Gas (Bottled Gas) Dealers
Administrator Michele Gwynn
Net Plan Assets $5,980,000
Total Participants 130
Avg Account Balance $47,000

 Top 3 Funds in this 401k

1. Wells Fargo Stable Return Trust 16%
2. JPMorgan Core Bond 14%
3. Thornburg International Value 13%

  Plan Service Providers

Corporate Trustee Wells Fargo (Wachovia)
Investment Adviser Wells Fargo (Wachovia)
Recordkeeper Wells Fargo (Wachovia)
Auditor Batchelor, Tillery & Roberts LLP

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