Hennessy Cadillac, Inc.
68
Plan:
Hennessy 401k Plan
36
56
79
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 11 point difference between this plan's BrightScope Rating (68) and the top rated plan (79) could equate to:
[How is this calculated?]
[How is this calculated?]
6 additional years of work Up to $10,800 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
Hennessy 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 68, placing it in the top 15% of all plans in its peer group. This plan is also in the top 35% of plans for Account Balances, Investment Menu Quality, Salary Deferral, and Total Plan Cost. Hennessy 401k Plan currently has over 500 active participants and over $27.7M in plan assets.
Retirement Plan Details
| Address |
7261 Jonesboro Road
Morrow, GA 30260 |
| Industry | All Other Motor Vehicle Dealers |
| Administrator | G. Rick Thomas |
| Net Plan Assets | $27,700,000 |
| Total Participants | 600 |
| Avg Account Balance | $47,000 |
Compare Other Companies in Peer Group
| Cummins Rocky Mountain LLC | 69.4 |
| Brewer Yacht Yard Group | 68.8 |
| M. H. Logistics | 61.7 |
| The Around the Clock Freightliner... | 57.3 |
| Truck Centers | 55.8 |
| ABC Bus Companies | 55.0 |
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