Somerset Tire Service, Inc.
51
Plan:
13
65
86
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 35 point difference between this plan's BrightScope Rating (51) and the top rated plan (86) could equate to:
[How is this calculated?]
[How is this calculated?]
16 additional years of work Up to $272,500 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
Somerset Tire Service, Inc. Employee Stock Ownership Plan is a defined contribution plan with a stock bonus component and leveraged ESOP component. This plan has a BrightScope Rating of 51. This plan is in the top 15% of plans for Account Balances, Participation Rate, and Total Plan Cost. Somerset Tire Service, Inc. Employee Stock Ownership Plan currently has over 1,100 active participants and over $113.4M in plan assets.
Retirement Plan Details
| Address |
1 Sts Drive
Building #1 Bridgewater, NJ 08807-5936 |
| Industry | Other Services (except Public Administration) |
| Administrator | Michael Ryan |
| Net Plan Assets | $113,000,000 |
| Total Participants | 1,200 |
| Avg Account Balance | $84,000 |
Compare Other Companies in Peer Group
| Pomp's Tire Service | 64.9 |
| Cohr Inc. d/b/a Masterplan | 60.3 |
| Mike's Carwash | 57.8 |
| Blue Beacon International | 56.6 |
| Environmental System Products... | 53.4 |
| Express Oil Change, LLC | 49.2 |
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