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Company:
Palm Automotive Management, Inc.
Plan:
Palm Automotive Group Employee 401k Plan
 

Palm Automotive Management, Inc.

61 Plan: Palm Automotive Group Employee 401k Plan

 
 
61
43
61
71
0
10
20
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60
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100
For the average 401k participant, the 10 point difference between this plan's BrightScope Rating (61) and the top rated plan (71) could equate to:
[How is this calculated?]
5 additional years of work
Up to $37,400 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 Automotive Group Employee 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 61. Palm Automotive Group Employee 401k Plan currently has over 200 active participants and over $5.7M in plan assets.

 

 Retirement Plan Details

Address 1901 Tamiami Trl
Punta Gorda, FL 33950-5917 
Industry New Car Dealers
Administrator David Fetkenner
Net Plan Assets $5,690,000
Total Participants 210
Avg Account Balance $27,000

 Top 3 Funds in this 401k

1. Minnesota Life International Core II 19%
2. Minnesota Life Guaranteed Interest Account 15%
3. Minnesota Life LifeStrategy II 15%

  Plan Service Providers

Insurance Carrier Minnesota Life
Administration Minnesota Life
Auditor Gerson, Preston, Robinson & Co.
Insurance Advisor/Broker Amy G. Rawls
Insurance Advisor/Broker William M. Montgomery

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