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

Penske Racing South, Inc.

66 Plan: Performance Group 401k Retirement Savings Plan

 
 
66
28
53
86
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 20 point difference between this plan's BrightScope Rating (66) and the top rated plan (86) could equate to:
[How is this calculated?]
11 additional years of work
Up to $128,100 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 66, placing it in the top 15% of all plans in its peer group. This plan is also in the top 35% of plans for Account Balances, Investment Menu Quality, and Salary Deferral. Performance Group 401k Retirement Savings Plan currently has over 500 active participants and over $30.7M in plan assets.


 Investment Menu Statistics

No. of Investment Options
32
Plan Average: 20
Largest Funds in this 401k: based on % allocation of assets
1. Wells Fargo Stable Return Trust 28%
2. JPMorgan Core Bond 9%
3. Wells Fargo Enhanced Stock Market Fund 7%

 Retirement Plan Details

Address P. O. Box 500
200 Penske Way
Mooresville, NC 28115 
Industry Arts, Entertainment, and Recreation
Administrator Dave Hoffert
Net Plan Assets $30,700,000
Total Participants 500
Avg Account Balance $75,000

  Plan Service Providers

Recordkeeper Wells Fargo
Auditor Plante & Moran, PLLC