Overview

Plan Rating

BrightScope Rating
44
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 (56)
Highest in Peer Group (68)

Plan Description

Preston Automotive Group 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 44. Preston Automotive Group 401k Plan currently has over 400 active participants and over $3.5M in plan assets.

Did you know?

For the average 401k participant, the 24 point difference between this plan's BrightScope Rating (44) and the top rated plan (68) could equate to:
10
Additional years of work
151,058
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 12/31/2018
Plan data has been audited by an Independent Qualified Public Accountant (IQPA).
Address 218 S. Main Street
  • Location
    Preston , MD
  • 21655
  • Industry
    New Car Dealers
  • Administrator
    William Snyder
  • Net Plan Assets
    $3,470,000
  • Total Participants
    490
  • Avg Account Balance
    $14,000

Plan Components

Component Ratings

Design

Total Plan Cost:
Highest
Company Generosity:
Poor

Performance

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

Design

Total Plan Cost:
Highest
Company Generosity:
Below Avg.

Performance

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

Top Industry Articles

Investments

Investment Menu Stats

# of Investment Options

49

(Plan Average: 20)

Largest Funds in this Plan Allocation of Assets 1 YR Rank in Category
TIAA-Nuveen Lifecycle Index 23%
2%
ClearBridge Large Cap Growth 21%
83%
Vanguard Total International Stock Index 10%
40%
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
Nationwide Life Insurance Company
Insurance Advisor/Broker
Blake Whitten
Insurance Advisor/Broker
Gregory Whitten
Recordkeeper
Nationwide
Recordkeeper
Dixon Hughes Goodman, LLC
Investment Adviser
Blake Whitten
Investment Adviser
Gregory Whitten
Auditor
Charles W. Snader, Pc

Articles and Questions

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