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Company:
Sonic Automotive, Inc.
Plan:
Sonic Automotive, Inc. Northern California ULA 401k Plan & Trust
 

Sonic Automotive, Inc.

57 Plan:

 
 
57
33
57
78
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 21 point difference between this plan's BrightScope Rating (57) and the top rated plan (78) could equate to:
[How is this calculated?]
9 additional years of work
Up to $135,600 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. Northern California ULA 401k Plan & Trust is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 57. This plan is in the top 15% of plans for Total Plan Cost. Sonic Automotive, Inc. Northern California ULA 401k Plan & Trust currently has over 600 active participants and over $15.9M in plan assets.

 

 Retirement Plan Details

Address 6415 Idlewild Rd, Suite 109
Charlotte, NC 28212 
Industry New Car Dealers
Administrator Jon R. Rankin
Net Plan Assets $15,900,000
Total Participants 690
Avg Account Balance $23,000

 Top 3 Funds in this 401k

1. PIMCO Total Return 15%
2. American Funds Growth Fund of America 12%
3. Vanguard Prime Money Market 11%

  Plan Service Providers

Recordkeeper Wells Fargo (Wachovia)
Auditor Dixon Hughes, LLC

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