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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.

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

 
 
61
32
53
85
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 (61) and the top rated plan (85) could equate to:
[How is this calculated?]
13 additional years of work
Up to $87,800 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 61. This plan is in the top 35% of plans for Account Balances and Total Plan Cost. G & B Oil Company, Inc. 401k Profit Sharing Plan currently has over 100 active participants and over $6.8M in plan assets.


 Investment Menu Statistics

No. of Investment Options
13
Plan Average: 20
Largest Funds in this 401k: based on % allocation of assets
1. Wells Fargo Stable Return Trust 24%
2. JPMorgan Core Bond 14%
3. Fidelity Spartan 500 Index 12%

 Retirement Plan Details

Address 667 North Bridge Street
P.O. Box 811
Elkin, NC 28621 
Industry Fuel Dealers
Administrator Michele D. Gwynn
Net Plan Assets $6,760,000
Total Participants 140
Avg Account Balance $55,000

  Plan Service Providers

Corporate Trustee Wells Fargo
Recordkeeper Wells Fargo
Auditor Batchelor, Tillery & Roberts LLP