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Company:
Mike Anderson Auto Group, Inc.
Plan:
Mike Anderson Auto Group, Inc. 401k Salary Reduction Plan & Trust
 

Mike Anderson Auto Group, Inc.

53 Plan: Mike Anderson Auto Group, Inc. 401k Salary Reduction Plan & Trust

 
 
53
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66
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For the average 401k participant, the 13 point difference between this plan's BrightScope Rating (53) and the top rated plan (66) could equate to:
[How is this calculated?]
5 additional years of work
Up to $102,700 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

Mike Anderson Auto Group, Inc. 401k Salary Reduction Plan & Trust is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 53. Mike Anderson Auto Group, Inc. 401k Salary Reduction Plan & Trust currently has over 100 active participants and over $3.3M in plan assets.

 

 Investment Menu Statistics

No. of Investment Options
25
Plan Average: 24
Top 3 Funds in this 401k
1. Maxim Moderate Profile II 12%
2. Perkins Mid Cap Value 11%
3. Great-West Life Guaranteed Portfolio Fund 8%

 Retirement Plan Details

Address 1702 Main Street
Rochester, IN 46975 
Industry New Car Dealers
Administrator William W Thompson
Net Plan Assets $3,290,000
Total Participants 150
Avg Account Balance $26,000

  Plan Service Providers

Insurance Carrier Great-West Life
Insurance Advisor/Broker CS Financial Group, Inc.
Auditor Rowley, Bushue & Company LLP

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