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Company:
Schaller Oldsmobile, Inc.
Plan:
Schaller Oldsmobile, Inc. Salary Deferral 401k Profit Sharing Plan
 

Schaller Oldsmobile, Inc.

60 Plan: Schaller Oldsmobile, Inc. Salary Deferral 401k Profit Sharing Plan

 
 
60
14
57
75
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 15 point difference between this plan's BrightScope Rating (60) and the top rated plan (75) could equate to:
[How is this calculated?]
7 additional years of work
Up to $98,400 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

Schaller Oldsmobile, Inc. Salary Deferral 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 Participation Rate. Schaller Oldsmobile, Inc. Salary Deferral 401k Profit Sharing Plan currently has over 100 active participants and over $5.3M in plan assets.

 

 Retirement Plan Details

Address 1 Veterans Drive
New Britain, CT 06051 
Industry New Car Dealers
Administrator Arthur Schaller Jr
Net Plan Assets $5,300,000
Total Participants 170
Avg Account Balance $31,000

 Top 3 Funds in this 401k

1. Oakmark Equity & Income 49%
2. Bank of America Retirement Preservation Trust 14%
3. BlackRock Global Allocation 6%

  Plan Service Providers

Recordkeeper Bank of America Merrill Lynch
Auditor Blum Shapiro & Company

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