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Company:
Arredondo Motors, Inc.
Plan:
Family Motors 401k Plan And Trust
 

Arredondo Motors, Inc.

17 Plan: Family Motors 401k Plan And Trust

 
 
17
11
55
78
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 61 point difference between this plan's BrightScope Rating (17) and the top rated plan (78) could equate to:
[How is this calculated?]
27 additional years of work
Up to $531,900 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

Family Motors 401k Plan And Trust is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 17. This plan is in the top 35% of plans for Investment Menu Quality. Family Motors 401k Plan And Trust currently has over 100 active participants and over $2.7M in plan assets.

 

 Retirement Plan Details

Address 5300 Wible Road
Bakersfield, CA 93313-3127 
Industry New Car Dealers
Administrator Jose L. Arredondo
Net Plan Assets $2,700,000
Total Participants 110
Avg Account Balance $25,000

 Top 3 Funds in this 401k

1. Great-West Life Guaranteed Portfolio Fund 23%
2. Maxim Bond Index 7%
3. Participant Loans 6%

  Plan Service Providers

Insurance Carrier Great-West Life
Administration The Ryding Company, Inc.
Auditor Mccord and Llewellyn

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