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Company:
Palmetto Ford, Inc.
Plan:
Palmetto Ford, Inc. 401k Plan
 

Palmetto Ford, Inc.

51 Plan: Palmetto Ford, Inc. 401k Plan

 
 
51
22
54
69
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 18 point difference between this plan's BrightScope Rating (51) and the top rated plan (69) could equate to:
[How is this calculated?]
8 additional years of work
Up to $92,400 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

Palmetto Ford, Inc. 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 51. Palmetto Ford, Inc. 401k Plan currently has over 100 active participants and over $3.0M in plan assets.


 Investment Menu Statistics

No. of Investment Options
30
Plan Average: 20
Largest Funds in this 401k: based on % allocation of assets
1. Cash and Cash Equivalents 22%
2. Sentry Life LifeCycle LC 12%
3. Sentry Life Money Market 7%

 Retirement Plan Details

Address Po Box 31820
Charleston, SC 29417 
Industry New Car Dealers
Administrator Pam Peters
Net Plan Assets $2,970,000
Total Participants 130
Avg Account Balance $29,000

  Plan Service Providers

Insurance Carrier Sentry Insurance
Insurance Advisor/Broker Russell Ian Cohn
Auditor Glaserduncan, CPAS