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Company:
Goodwin's Chevrolet Company
Plan:
Goodwin's Chevrolet Company 401k Profit Sharing Plan
 

Goodwin's Chevrolet Company

66 Plan: Goodwin's Chevrolet Company 401k Profit Sharing Plan

 
 
66
18
57
74
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 8 point difference between this plan's BrightScope Rating (66) and the top rated plan (74) could equate to:
[How is this calculated?]
4 additional years of work
Up to $8,100 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

Goodwin's Chevrolet Company 401k Profit Sharing Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 66, placing it in the top 15% of all plans in its peer group. This plan is also in the top 15% of plans for Participation Rate. Goodwin's Chevrolet Company 401k Profit Sharing Plan currently has over 100 active participants and over $6.2M in plan assets.

 

 Investment Menu Statistics

No. of Investment Options
15
Plan Average: 24
Top 3 Funds in this 401k
1. John Hancock Funds II Lifestyle Growth 48%
2. John Hancock Funds II Lifestyle Aggressive 18%
3. John Hancock Funds II Lifestyle Balanced 16%

 Retirement Plan Details

Address 195 Pleasant Street
Po Box 160
Brunswick, ME 04011 
Industry New Car Dealers
Administrator Frank R Goodwin
Net Plan Assets $6,200,000
Total Participants 120
Avg Account Balance $53,000

  Plan Service Providers

Insurance Carrier John Hancock
Insurance Advisor/Broker UBS Financial Services, Inc.
Auditor Macdonald Page & Co LLC

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