Hoffman Enterprises
61
Plan:
Hoffman Enterprises 401k Savings Plan
43
59
77
0
10
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60
70
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100
For the average 401k participant, the 16 point difference between this plan's BrightScope Rating (61) and the top rated plan (77) could equate to:
[How is this calculated?]
[How is this calculated?]
8 additional years of work Up to $68,300 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
Hoffman Enterprises 401k Savings Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 61. This plan is in the top 15% of plans for Investment Menu Quality. Hoffman Enterprises 401k Savings Plan currently has over 400 active participants and over $9.0M in plan assets.
Retirement Plan Details
| Address |
630 Connecticut Blvd
East Hartford, CT 06108-3287 |
| Industry | New Car Dealers |
| Administrator | Robin P. Golightly |
| Sponsor | I. Bradley Hoffman |
| Net Plan Assets | $8,950,000 |
| Total Participants | 430 |
| Avg Account Balance | $21,000 |
Compare Other Companies in Peer Group
| Extended Service | 63.5 |
| Kelly Management | 62.7 |
| Kenny Ross Automotive | 60.4 |
| Casey Auto Group | 59.1 |
| Twin City Motors | 54.5 |
| Dunn Automotive Management Group | 52.1 |
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