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Company:
Palm Beach Motor Cars, Ltd.
Plan:
Palm Beach Motor Cars, Ltd. 401k Plan
 

Palm Beach Motor Cars, Ltd.

61 Plan: Palm Beach Motor Cars, Ltd. 401k Plan

 
 
61
41
58
75
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 14 point difference between this plan's BrightScope Rating (61) and the top rated plan (75) could equate to:
[How is this calculated?]
6 additional years of work
Up to $87,700 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

Palm Beach Motor Cars, Ltd. 401k 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 35% of plans for Investment Menu Quality and Salary Deferral. Palm Beach Motor Cars, Ltd. 401k Plan currently has over 100 active participants and over $2.5M in plan assets.

 

 Retirement Plan Details

Address 915 S Dixie Hwy
West Palm Beach, FL 33401-6401 
Industry New Car Dealers
Administrator Jeanne Gary
Net Plan Assets $2,520,000
Total Participants 120
Avg Account Balance $21,000

 Top 3 Funds in this 401k

1. Principal LifeTime 2020 19%
2. Principal Large Cap S&P 500 Index 13%
3. Principal Large Cap Growth II 10%

  Plan Service Providers

Insurance Advisor/Broker American Portfolios Financial Services, Inc.
Insurance Advisor/Broker Questar Agency, Inc.
Administration Principal Financial Group
Auditor Robert W Sim
Insurance Carrier Principal Financial Group

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