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Company:
Hoover Chrysler Jeep, Inc.
Plan:
Hoover Automotive 401k Plan
 

Hoover Chrysler Jeep, Inc.

39 Plan: Hoover Automotive 401k Plan

 
 
39
11
55
78
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 39 point difference between this plan's BrightScope Rating (39) and the top rated plan (78) could equate to:
[How is this calculated?]
16 additional years of work
Up to $303,600 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

Hoover Automotive 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 39. Hoover Automotive 401k Plan currently has over 100 active participants and over $2.6M in plan assets.

 

 Retirement Plan Details

Address 2250 Savannah Highway
Charleston, SC 29414 
Industry New Car Dealers
Administrator Re Hoover
Net Plan Assets $2,610,000
Total Participants 150
Avg Account Balance $17,000

 Top 3 Funds in this 401k

1. Vanguard Prime Money Market 24%
2. Vanguard Wellington 11%
3. American Funds Growth Fund of America 10%

  Plan Service Providers

Investment Adviser American Pensions, Inc.
Recordkeeper American Pensions, Inc.
Auditor Hoffman & Hoffman, CPAS

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