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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

20 Plan: Gallery Furniture Profit Sharing Plan

 
 
20
20
56
82
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 62 point difference between this plan's BrightScope Rating (20) and the top rated plan (82) could equate to:
[How is this calculated?]
28 additional years of work
Up to $529,800 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 20. This plan is in the top 35% of plans for Participation Rate and Total Plan Cost. Gallery Furniture Profit Sharing Plan currently has over 200 active participants and over $5.7M in plan assets.

 

 Retirement Plan Details

Address 6006 North Freeway
Houston, TX 77076-4029 
Industry Furniture Stores
Administrator James Mcingvale
Net Plan Assets $5,650,000
Total Participants 260
Avg Account Balance $23,000

 Compare Other Companies in Peer Group

New Tangram, LLC 64.0
Sit 'N Sleep 61.2
Intereum 57.9
Wayside Furniture 57.9
Lopana Company 54.9
WG&R Furniture Co. 52.5

 Top 3 Funds in this 401k

1. Total Certificates of Deposit 63%
2. Total Corporate Bonds 10%
3. Participant Loans 6%

  Plan Service Provider

Auditor Patrick C. Shields, Pc

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