Overview

Plan Rating

BrightScope Rating
51
Lowest Rating in Peer Group
Average Rating in Peer Group
Highest Rating in Peer Group
0102030405060708090100
Lowest in Peer Group (41)
Average in Peer Group (57)
Highest in Peer Group (69)

Plan Description

Stoler Gold Coast, Inc. d/b/a BMW of Oyster Bay 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 51. This plan is in the top 35% of plans for Salary Deferral. Stoler Gold Coast, Inc. d/b/a BMW of Oyster Bay 401k Plan currently has over 200 active participants and over $3.5M in plan assets.

Did you know?

For the average 401k participant, the 18 point difference between this plan's BrightScope Rating (51) and the top rated plan (69) could equate to:
7
Additional years of work
146,224
Lost 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. How is this calculated?

Plan Details

Plan Details Relevant details about the plan and the plan sponsor, including the address and industry of the plan sponsor and the size of the plan in assets and participants.

 
Plan data accurate as of 12/31/2019
Plan data has been audited by an Independent Qualified Public Accountant (IQPA).
Address 145 Pine Hollow Road
  • Location
    Oyster Bay , NY
  • 11771
  • Industry
    New Car Dealers
  • Administrator
    Jim Sharp
  • Net Plan Assets
    $3,500,000
  • Total Participants
    270
  • Avg Account Balance
    $35,000

Plan Components

Component Ratings

Design

Total Plan Cost:
High Fees
Company Generosity:
Poor

Performance

Participation Rate:
Poor
Salary Deferrals:
Above Average
Account Balance:
Average

Design

Total Plan Cost:
Average Fees
Company Generosity:
Below Avg.

Performance

Participation Rate:
Poor
Salary Deferrals:
Above Average
Account Balance:
Average

Peer Group Plans

Company Rating
Don Miller 54.7
Dutchess Cars LLC 53.1
Len Stoler 52.0
Sam Galloway Ford 51.2
Hardy Chevrolet Buick GMC 51.1
Valley Isle Motors, Ltd 41.2

Top Industry Articles

Investments

Investment Menu Stats

# of Investment Options

28

(Plan Average: 20)

Largest Funds in this Plan Allocation of Assets 1 YR Rank in Category
Vanguard Group Target Retirement 79%
N/A
Participant Loans 4%
N/A
Vanguard 500 Index 3%
N/A
Fund hidden
100%
Fund hidden
100%
Fund hidden
100%
Fund hidden
100%
View all funds in this plan

Providers

Plan Service Providers

SERVICE PROVIDER
Insurance Carrier
Lincoln Financial
Insurance Advisor/Broker
Royal Alliance Associates, Inc.
Insurance Advisor/Broker
John Hancock
Administration
Lincoln Financial
Recordkeeper
Associated Pension Consultants, Inc
Auditor
Lattimore, Black, Morgan & Cain

Articles and Questions

Boeing Plan Report (Updated)

Boeing Fee Settlement Highlights the High Bar for Large Plans

Boeing Offers a Near Perfect Retirement Plan ModelIn most respects Boeing’s retirement offering is a great model of how to run a large retirement plan. Participants in Boeing’s 401(k) plan are beneficiaries of a participant-friendly design with immediate access, automatic enrollment, immediate ves

Why Do Investment Expenses Matter?
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