Sonic Automotive, Inc.
53
Plan:
37
55
79
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 26 point difference between this plan's BrightScope Rating (53) and the top rated plan (79) could equate to:
[How is this calculated?]
[How is this calculated?]
12 additional years of work Up to $133,300 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
Sonic Automotive, Inc. 401k Plan and Trust is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 53. This plan is in the top 35% of plans for Total Plan Cost. Sonic Automotive, Inc. 401k Plan and Trust currently has over 10,100 active participants and over $162.3M in plan assets.
Retirement Plan Details
| Address |
6415 Idlewild Road, Suite 109
Charlotte, NC 28212 |
| Industry | New Car Dealers |
| Administrator | Jon R. Rankin |
| Net Plan Assets | $162,000,000 |
| Total Participants | 10,000 |
| Avg Account Balance | $16,000 |
Compare Other Companies in Peer Group
| Sewell Village Cadillac Company | 67.1 |
| Hendrick Automotive Group | 63.2 |
| Penske Automotive Group | 61.8 |
| Lithia Motors | 58.5 |
| Atlantic Automotive | 56.2 |
| Automotive Investment Group | 55.2 |
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