Gene Reed Enterprises, Inc.
50
Plan:
Gene Reed Enterprises, Inc. 401k Retirement Plan
11
55
69
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 19 point difference between this plan's BrightScope Rating (50) and the top rated plan (69) could equate to:
[How is this calculated?]
[How is this calculated?]
9 additional years of work Up to $117,400 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
Gene Reed Enterprises, Inc. 401k Retirement Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 50. Gene Reed Enterprises, Inc. 401k Retirement Plan currently has over 200 active participants and over $2.6M in plan assets.
Retirement Plan Details
| Address |
2424 Savannah Hwy.
Charleston, SC 29414 |
| Industry | New Car Dealers |
| Administrator | Joseph Barber |
| Net Plan Assets | $2,590,000 |
| Total Participants | 290 |
| Avg Account Balance | $8,800 |
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