Home  >   401k Directory   >   McElroy Truck Lines, Inc.
 
Company:
McElroy Truck Lines, Inc.
Plan:
McElroy Group 401k Plan
 

McElroy Truck Lines, Inc.

50 Plan: McElroy Group 401k Plan

 
 
50
22
52
79
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 29 point difference between this plan's BrightScope Rating (50) and the top rated plan (79) could equate to:
[How is this calculated?]
13 additional years of work
Up to $183,400 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

McElroy Group 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 50. This plan is in the top 15% of plans for Participation Rate. McElroy Group 401k Plan currently has over 200 active participants and over $2.6M in plan assets.

 

 Investment Menu Statistics

No. of Investment Options
25
Plan Average: 24
Largest Funds in this 401k: based on % allocation of assets
1. Transamerica Stable Value Fund 42%
2. Loomis Sayles Bond 7%
3. Transamerica Partners Stock Index 5%

 Retirement Plan Details

Address Po Box 104
Cuba, AL 36907 
Industry Transportation and Warehousing
Administrator Clarence J. Mcelroy
Net Plan Assets $2,630,000
Total Participants 230
Avg Account Balance $12,000

  Plan Service Providers

Insurance Carrier Transamerica
Insurance Advisor/Broker Thomas B. Haney, Jr.
Recordkeeper Transamerica
Auditor Rea, Shaw, Giffin & Stuart, LLP

 Comments