Palm Springs Motors, Inc.
63
Plan:
Palm Springs Motors 401k Plan & Trust
48
61
72
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 9 point difference between this plan's BrightScope Rating (63) and the top rated plan (72) could equate to:
[How is this calculated?]
[How is this calculated?]
4 additional years of work Up to $67,400 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
Palm Springs Motors 401k Plan & Trust is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 63. This plan is in the top 35% of plans for Salary Deferral. Palm Springs Motors 401k Plan & Trust currently has over 100 active participants and over $5.7M in plan assets.
Retirement Plan Details
| Address |
None
Cathedral City, CA 92234 |
| Industry | New Car Dealers |
| Administrator | Paul Theil |
| Net Plan Assets | $5,700,000 |
| Total Participants | 190 |
| Avg Account Balance | $30,000 |
Compare Other Companies in Peer Group
| Varsity Lincoln Mercury | 66.4 |
| Dan Perkins Chevrolet-GEO | 64.9 |
| Tom O'Brien Northside | 64.9 |
| Wilkie Lexus | 64.0 |
| Cortese Dodge | 56.4 |
| Malouf Buick-Pontiac-GMC Truck | 54.5 |
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