Schumacher Buick-Oldsmobile, Inc.
47
Plan:
Schumacher Automotive Group 401k Plan
11
56
70
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 23 point difference between this plan's BrightScope Rating (47) and the top rated plan (70) could equate to:
[How is this calculated?]
[How is this calculated?]
9 additional years of work Up to $212,600 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
Schumacher Automotive Group 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 47. This plan is in the top 15% of plans for Investment Menu Quality. Schumacher Automotive Group 401k Plan currently has over 300 active participants and over $4.7M in plan assets.
Retirement Plan Details
| Address |
3031 Okeechobee Blvd
West Palm Beach, FL 33409 |
| Industry | New Car Dealers |
| Administrator | Charles A Schumacher |
| Net Plan Assets | $4,650,000 |
| Total Participants | 390 |
| Avg Account Balance | $12,000 |
Compare Other Companies in Peer Group
| Miller Management Group | 56.6 |
| Tony Gullo Motors | 55.8 |
| Woburn Foreign Motors | 54.6 |
| Hudiburg Auto Group | 53.6 |
| Ray Huffines Chevrolet | 51.8 |
| ED Napleton Oak Lawn Imports | 46.5 |
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