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Company:
Garcia Imports, Inc. d/b/a Garcia Honda
Plan:
Garcia Dealerships 401k Profit Sharing Plan
 

Garcia Imports, Inc. d/b/a Garcia Honda

51 Plan: Garcia Dealerships 401k Profit Sharing Plan

 
 
51
31
52
69
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 18 point difference between this plan's BrightScope Rating (51) and the top rated plan (69) could equate to:
[How is this calculated?]
7 additional years of work
Up to $113,200 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

Garcia Dealerships 401k Profit Sharing Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 51. This plan is in the top 35% of plans for Salary Deferral. Garcia Dealerships 401k Profit Sharing Plan currently has over 100 active participants and over $2.4M in plan assets.

 

 Investment Menu Statistics

No. of Investment Options
15
Plan Average: 24
Top 3 Funds in this 401k
1. First Eagle Overseas 10%
2. Sound Shore 10%
3. Oppenheimer Developing Markets 10%

 Retirement Plan Details

Address 8301 Lomas Blvd. Ne
Albuquerque, NM 87110 
Industry New Car Dealers
Administrator Rosae Gibson
Net Plan Assets $2,420,000
Total Participants 130
Avg Account Balance $34,000

  Plan Service Providers

Recordkeeper REDW Business & Financial Resources
Investment Adviser REDW Business & Financial Resources
Auditor Moss Adams

 Comments