Overview

Plan Rating

BrightScope Rating
55
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 (69)
Highest in Peer Group (88)

Plan Description

Midway Ford Truck Center, Inc. Employee Stock Ownership Plan is a defined contribution plan with a ESOP component. This plan has a BrightScope Rating of 55. This plan is in the top 15% of plans for Account Balances and Participation Rate. Midway Ford Truck Center, Inc. Employee Stock Ownership Plan currently has over 200 active participants and over $22.4M in plan assets.

Did you know?

For the average 401k participant, the 33 point difference between this plan's BrightScope Rating (55) and the top rated plan (88) could equate to:
17
Additional years of work
188,760
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 12/31/2017
Plan data has been audited by an Independent Qualified Public Accountant (IQPA).
Address 7601 Ne 38th Street
  • Location
    Kansas City , MO
  • 64116
  • Industry
    Wholesale Trade
  • Administrator
    Terry L Tyrrell
  • Sponsor
    Michael W Doran
  • Net Plan Assets
    $22,400,000
  • Total Participants
    230
  • Avg Account Balance
    $98,000

Plan Components

Component Ratings

Design

Total Plan Cost:
Low Fees
Company Generosity:
Above Average

Performance

Participation Rate:
Great
Salary Deferrals:
Poor
Account Balance:
Great

Design

Total Plan Cost:
Low Fees
Company Generosity:
Above Average

Performance

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

Peer Group Plans

Company Rating
Machine Service 75.1
Smith Power Products 74.9
Nuss Truck Group 70.2
Boch Enterprises 66.8
POY Holdings 65.9
Albert Kemperle 63.0
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Top Industry Articles

Investments

Investment Menu Stats

# of Investment Options

6

(Plan Average: 20)

Largest Funds in this Plan Allocation of Assets 1 YR Rank in Category
Midway Ford Truck Center, Inc. Common Stock 46%
N/A
Total Common Stocks 22%
N/A
Total Other Debt Securities 19%
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
Corporate Trustee
First Bankers Trust Services
Auditor
Miller Haviland Ketter PC, PA

Articles and Questions

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