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Company:
Scott-McRae Automotive Group, Inc.
Plan:
Scott-McRae Automotive Group, Inc. 401k Profit Sharing Plan
 

Scott-McRae Automotive Group, Inc.

61 Plan: Scott-McRae Automotive Group, Inc. 401k Profit Sharing Plan

 
 
61
33
56
78
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 (61) and the top rated plan (78) could equate to:
[How is this calculated?]
8 additional years of work
Up to $76,000 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

Scott-McRae Automotive Group, Inc. 401k Profit Sharing 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 Total Plan Cost. Scott-McRae Automotive Group, Inc. 401k Profit Sharing Plan currently has over 700 active participants and over $23.3M in plan assets.

 

 Retirement Plan Details

Address 701 Riverside Park Place
Suite 200
Jacksonville, FL 32204 
Industry New Car Dealers
Administrator Jeff Curry
Net Plan Assets $23,300,000
Total Participants 720
Avg Account Balance $33,000

 Top 3 Funds in this 401k

1. SAGIC Fixed Interest 32%
2. ICA Equity Fund 13%
3. Longleaf Partners 10%

  Plan Service Providers

Insurance Carrier MassMutual
Legal Counsel Scott-Mdrae Automotive Group
Auditor Masters Smith & Wisby, P.A.

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