Ferman Motor Car Company, Inc.
57
Plan:
Ferman Motor Car Company and Affiliated Dealerships 401k Savings Plan
11
55
74
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 17 point difference between this plan's BrightScope Rating (57) and the top rated plan (74) could equate to:
[How is this calculated?]
[How is this calculated?]
7 additional years of work Up to $92,500 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
Ferman Motor Car Company and Affiliated Dealerships 401k Savings Plan 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 35% of plans for Total Plan Cost. Ferman Motor Car Company and Affiliated Dealerships 401k Savings Plan currently has over 800 active participants and over $12.8M in plan assets.
Retirement Plan Details
| Address |
1306 W Kennedy Blvd
Tampa, FL 33606 |
| Industry | New Car Dealers |
| Administrator | Douglas Tew |
| Net Plan Assets | $12,800,000 |
| Total Participants | 860 |
| Avg Account Balance | $15,000 |
Compare Other Companies in Peer Group
| Curtis C. Gunn | 59.5 |
| Sunroad Holding | 58.2 |
| Brown Automotive Group Ltd. | 56.4 |
| The Boucher Group | 56.2 |
| Jeff Wyler Automotive Family | 54.1 |
| Sam Swope Auto Group, LLC | 51.5 |
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