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Company:
Mac Haik Management Ltd.
Plan:
Mac Haik Employees' Retirement Plan and Trust
 

Mac Haik Management Ltd.

50 Plan: Mac Haik Employees' Retirement Plan and Trust

 
 
50
11
55
74
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 24 point difference between this plan's BrightScope Rating (50) and the top rated plan (74) could equate to:
[How is this calculated?]
10 additional years of work
Up to $142,500 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

Mac Haik Employees' Retirement Plan and Trust 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 Investment Menu Quality. Mac Haik Employees' Retirement Plan and Trust currently has over 900 active participants and over $8.9M in plan assets.

 

 Retirement Plan Details

Address 11757 Katy Freeway Suite 1500
Houston, TX 77079 
Industry New Car Dealers
Administrator Susan Hensley
Net Plan Assets $8,940,000
Total Participants 910
Avg Account Balance $9,800

 Top 3 Funds in this 401k

1. Key Guaranteed Portfolio Fund 23%
2. Alger Capital Appreciation Institutional 20%
3. Thornburg International Value 8%

  Plan Service Providers

Insurance Carrier Lincoln Financial
Insurance Carrier Great-West Life
Insurance Advisor/Broker Morgan Keegan & Company, Inc.
Auditor Svadlenak, See & Co. P.C.

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