Overview

Plan Rating

BrightScope Rating
70
Lowest Rating in Peer Group
Average Rating in Peer Group
Highest Rating in Peer Group
0102030405060708090100
Lowest in Peer Group (22)
Average in Peer Group (62)
Highest in Peer Group (83)

Plan Description

Gencom Freightways, Inc. 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 70. This plan is in the top 35% of plans for Account Balances, Participation Rate, and Total Plan Cost. Gencom Freightways, Inc. 401k Plan currently has over 200 active participants and over $14.0M in plan assets.

Did you know?

For the average 401k participant, the 13 point difference between this plan's BrightScope Rating (70) and the top rated plan (83) could equate to:
6
Additional years of work
122,076
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 8777 Rockside Road
  • Location
    Cleveland , OH
  • 44125
  • Industry
    Transportation and Warehousing
  • Administrator
    Robert Bosak
  • Net Plan Assets
    $14,000,000
  • Total Participants
    230
  • Avg Account Balance
    $63,000

Plan Components

Component Ratings

Design

Total Plan Cost:
Low Fees
Company Generosity:
Average

Performance

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

Design

Total Plan Cost:
Low Fees
Company Generosity:
Average

Performance

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

Top Industry Articles

Investments

Investment Menu Stats

# of Investment Options

23

(Plan Average: 20)

Largest Funds in this Plan Allocation of Assets 1 YR Rank in Category
Vanguard 500 Index 17%
13%
Vanguard Total Bond Market Index 15%
98%
American Funds EuroPacific Growth 13%
19%
Fund hidden
100%
Fund hidden
100%
Fund hidden
100%
Fund hidden
100%
View all funds in this plan

Providers

Plan Service Providers

SERVICE PROVIDER
Investment Adviser
Fifth Third Bank
Recordkeeper
Fifth Third Bank
Auditor
Meaden & Moore Financial Services, Ltd

Articles and Questions

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