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Company:
Sames Motor Company, Inc.
Plan:
Sames Motor Company, Inc. Salary Deferral 401k Profit Sharing Plan
 

Sames Motor Company, Inc.

52 Plan: Sames Motor Company, Inc. Salary Deferral 401k Profit Sharing Plan

 
 
52
21
57
82
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 30 point difference between this plan's BrightScope Rating (52) and the top rated plan (82) could equate to:
[How is this calculated?]
13 additional years of work
Up to $233,200 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

Sames Motor Company, Inc. Salary Deferral 401k Profit Sharing Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 52. This plan is in the top 35% of plans for Investment Menu Quality. Sames Motor Company, Inc. Salary Deferral 401k Profit Sharing Plan currently has over 200 active participants and over $3.9M in plan assets.

 

 Retirement Plan Details

Address 6001 San Dario Ave
Laredo, TX 78041-2900 
Industry All Other Motor Vehicle Dealers
Administrator Leonor G. Gutierrez
Sponsor Harry E. Sames, III
Net Plan Assets $3,890,000
Total Participants 240
Avg Account Balance $16,000

 Top 3 Funds in this 401k

1. Lincoln Financial VIP Money Market 18%
2. American Funds Fundamental Investors 8%
3. Participant Loans 7%

  Plan Service Providers

Insurance Carrier Minnesota Life
Auditor Paul J. Fitzgerald, Pc
Administration Lincoln Financial
Insurance Carrier Lincoln Financial
Insurance Advisor/Broker William M. Montgomery
Insurance Advisor/Broker Amy G. Rawls

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