Holmes Motors, Inc.
62
Plan:
Holmes Motors, Inc. 401k Profit Sharing Plan
36
57
75
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 13 point difference between this plan's BrightScope Rating (62) and the top rated plan (75) could equate to:
[How is this calculated?]
[How is this calculated?]
5 additional years of work Up to $110,100 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
Holmes Motors, 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 62. This plan is in the top 15% of plans for Investment Menu Quality. Holmes Motors, Inc. 401k Profit Sharing Plan currently has over 100 active participants and over $5.6M in plan assets.
Retirement Plan Details
| Address |
1331 E. Bert Kouns
Industrial Loop Shreveport, LA 71105-5632 |
| Industry | New Car Dealers |
| Administrator | Danny Purcell |
| Net Plan Assets | $5,640,000 |
| Total Participants | 150 |
| Avg Account Balance | $39,000 |
Compare Other Companies in Peer Group
| Alexandria Toyota | 65.1 |
| Andrew Chevrolet | 64.7 |
| Bob Brown Chevrolet | 63.4 |
| Conti Causeway Ford Lincoln | 61.9 |
| Grand Family Personnel | 58.0 |
| Park Jeep | 50.9 |
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