Freedom Ford, Inc.
58
Plan:
Freedom Ford, Inc. NADART Salary Deferral 401k Plan
46
61
72
0
10
20
30
40
50
60
70
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90
100
For the average 401k participant, the 14 point difference between this plan's BrightScope Rating (58) and the top rated plan (72) could equate to:
[How is this calculated?]
[How is this calculated?]
7 additional years of work Up to $64,100 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
Freedom Ford, Inc. NADART Salary Deferral 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 58. This plan is in the top 35% of plans for Total Plan Cost. Freedom Ford, Inc. NADART Salary Deferral 401k Plan currently has over 100 active participants and over $5.2M in plan assets.
Retirement Plan Details
| Address |
7520 N Military Hwy
Norfolk, VA 23518-4319 |
| Industry | New Car Dealers |
| Administrator | Philip E. Holland |
| Net Plan Assets | $5,210,000 |
| Total Participants | 180 |
| Avg Account Balance | $28,000 |
Compare Other Companies in Peer Group
| Dreyer & Reinbold | 71.2 |
| Pioneer Centres Holding Company | 69.9 |
| Henna Chevrolet, LP. | 65.0 |
| CEH Automotive | 64.0 |
| The Sweeney Auto Group | 63.9 |
| Jordan Ford, Ltd. | 57.6 |
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