Overview

Plan Rating

BrightScope Rating
53
Lowest Rating in Peer Group
Average Rating in Peer Group
Highest Rating in Peer Group
0102030405060708090100
Lowest in Peer Group (36)
Average in Peer Group (58)
Highest in Peer Group (81)

Plan Description

Groppetti Automotive 401k Profit Sharing Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 53. Groppetti Automotive 401k Profit Sharing Plan currently has over 100 active participants and over $3.5M in plan assets.

Did you know?

For the average 401k participant, the 28 point difference between this plan's BrightScope Rating (53) and the top rated plan (81) could equate to:
12
Additional years of work
159,679
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 12/31/2014
Plan data has been audited by an Independent Qualified Public Accountant (IQPA).
Address 830 S. Ben Maddox Way P. O. Box 1431, Visalia, Ca 93279-1
  • Location
    Visalia , CA
  • 93292
  • Industry
    New Car Dealers
  • Administrator
    Don Groppetti
  • Net Plan Assets
    $3,520,000
  • Total Participants
    200
  • Avg Account Balance
    $22,000

Plan Components

Component Ratings

Design

Total Plan Cost:
Highest
Company Generosity:
Below Avg.

Performance

Participation Rate:
Average
Salary Deferrals:
Average
Account Balance:
Below Avg.

Design

Total Plan Cost:
Highest
Company Generosity:
Below Avg.

Performance

Participation Rate:
Average
Salary Deferrals:
Average
Account Balance:
Below Avg.
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Investments

Investment Menu Stats

# of Investment Options

19

(Plan Average: 20)

Largest Funds in this Plan Allocation of Assets 1 YR Rank in Category
John Hancock Lifestyle Growth 38%
N/A
John Hancock Retirement Choices at 21%
N/A
John Hancock Lifestyle Conservative 18%
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
John Hancock
Insurance Advisor/Broker
LPL Financial Corp. (NRP)
Recordkeeper
John Hancock
Auditor
Jwt & Associates, LLP