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Company:
Penske Racing South, Inc.
Plan:
Performance Group 401k Retirement Savings Plan
 

Penske Racing South, Inc.

67 Plan: Performance Group 401k Retirement Savings Plan

 
 
67
26
59
89
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 22 point difference between this plan's BrightScope Rating (67) and the top rated plan (89) could equate to:
[How is this calculated?]
13 additional years of work
Up to $132,000 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

Performance Group 401k Retirement Savings Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 67. This plan is in the top 35% of plans for Account Balances, Investment Menu Quality, and Salary Deferral. Performance Group 401k Retirement Savings Plan currently has over 400 active participants and over $29.7M in plan assets.


 Investment Menu Statistics

No. of Investment Options
28
Plan Average: 20
Largest Funds in this 401k: based on % allocation of assets
1. Wells Fargo Stable Return Trust 20%
2. Wells Fargo Enhanced Stock Market Fund 17%
3. Eaton Vance Atlanta Capital SMID-Cap 12%

 Retirement Plan Details

Address P. O. Box 500
200 Penske Way
Mooresville, NC 28115 
Industry Arts, Entertainment, and Recreation
Administrator David N. Hoffert
Net Plan Assets $29,700,000
Total Participants 450
Avg Account Balance $77,000

 
Plan Service Providers

Recordkeeper Bank of America Merrill Lynch
Investment Adviser Hartford
Auditor Plante & Moran, PLLC