Openlane
62
Plan:
Openlane 401k Profit Sharing Plan and Trust
10
65
83
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 21 point difference between this plan's BrightScope Rating (62) and the top rated plan (83) could equate to:
[How is this calculated?]
[How is this calculated?]
10 additional years of work Up to $157,000 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
Openlane 401k Profit Sharing Plan and Trust is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 62. This plan is in the top 15% of plans for Salary Deferral. Openlane 401k Profit Sharing Plan and Trust currently has over 200 active participants and over $3.5M in plan assets.
Retirement Plan Details
| Address |
2200 Bridge Parkway
Suite 202 Redwood City, CA 94065 |
| Industry | Other Miscellaneous Durable Goods Merchant Wholesalers |
| Administrator | Scott Cross |
| Net Plan Assets | $3,510,000 |
| Total Participants | 260 |
| Avg Account Balance | $12,000 |
Compare Other Companies in Peer Group
| WEG Electric Motor | 69.5 |
| Thermo Fluids | 61.7 |
| GHX Industrial, LLC | 60.6 |
| Seneca Data Distributors | 59.7 |
| The Evercare Company | 57.2 |
| Dimension One Spas | 39.0 |
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