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Company:
Gallery Model Homes, Inc. d/b/a Gallery Furniture
Plan:
Gallery Furniture Profit Sharing Plan
 

Gallery Model Homes, Inc. d/b/a Gallery Furniture

15 Plan: Gallery Furniture Profit Sharing Plan

 
 
15
23
53
78
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 63 point difference between this plan's BrightScope Rating (15) and the top rated plan (78) could equate to:
[How is this calculated?]
29 additional years of work
Up to $540,000 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

Gallery Furniture Profit Sharing Plan is a defined contribution plan with a profit-sharing component. This plan has a BrightScope Rating of 15. This plan is in the top 15% of plans for Participation Rate. Gallery Furniture Profit Sharing Plan currently has over 200 active participants and over $5.9M in plan assets.


 Investment Menu Statistics

No. of Investment Options
19
Plan Average: 20
Largest Funds in this 401k: based on % allocation of assets
1. Total Certificates of Deposit 60%
2. Total Corporate Bonds 8%
3. Participant Loans 4%

 Retirement Plan Details

Address 6006 North Freeway
Houston, TX 77076-4029 
Industry Furniture Stores
Administrator James Mcingvale
Net Plan Assets $5,880,000
Total Participants 240
Avg Account Balance $24,000

  Plan Service Providers

Recordkeeper Malcolm Thompson & Associates, Inc.
Auditor Patrick C. Shields, Pc