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Company:
Benson Automotive
Plan:
Benson Automotive 401k Retirement Plan
 

Benson Automotive

58 Plan: Benson Automotive 401k Retirement Plan

 
 
58
38
60
75
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 17 point difference between this plan's BrightScope Rating (58) and the top rated plan (75) could equate to:
[How is this calculated?]
7 additional years of work
Up to $128,000 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

Benson Automotive 401k Retirement 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 Investment Menu Quality. Benson Automotive 401k Retirement Plan currently has over 100 active participants and over $3.8M in plan assets.

 

 Retirement Plan Details

Address Po Box 509
Greer, SC 29652-0509 
Industry New Car Dealers
Administrator James H. Benson, Jr.
Net Plan Assets $3,770,000
Total Participants 170
Avg Account Balance $22,000

 Compare Other Companies in Peer Group

Miller-Nicholson 66.0
O'Donnell Honda 63.6
Larry Geweke Ford 63.3
Sunbury Motor Company 62.4
Pohanka Auto Center 59.6
Joe Holland Chevrolet 56.5

 Top 3 Funds in this 401k

1. MassMutual Guaranteed Interest Account 23%
2. MassMutual Select Large Cap Value 16%
3. MassMutual Select Strategic Balanced 14%

  Plan Service Providers

Auditor Edwards & Hedrick, CPA
Recordkeeper MassMutual
Insurance Carrier MassMutual
Insurance Advisor/Broker Henry J. Steinberg
Insurance Advisor/Broker Richard E. Rose

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