Home>401K Directory>A Betterway Rent-A-Car Group Inc.,

A Betterway Rent-A-Car Group Inc.,

Form 5500 Data
OverviewPlan ComponentsInvestmentsProvidersArticles & Questions

A Betterway Rent-A-Car Group Inc.,

51
Form 5500 Data
OverviewPlan ComponentsInvestmentsProvidersArticles & Questions

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 (32)
Average in Peer Group (61)
Highest in Peer Group (90)

Plan Description

A Betterway Rent-A-Car Group 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 Account Balances. A Betterway Rent-A-Car Group 401k Plan currently has over 200 active participants and over $7.5M in plan assets.

Did you know?

For the average 401k participant, the 39 point difference between this plan's BrightScope Rating (51) and the top rated plan (90) could equate to:
20
Additional years of work
256,456
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 1110 Northchase Parkway Suite 200
  • Location
    Marietta , GA
    • 30067
  • Industry
    Transportation and Warehousing
  • Administrator
    Deborah Wirth
  • Net Plan Assets
    $7,530,000
  • Total Participants
    300
  • Avg Account Balance
    $65,000

Plan Components

Component Ratings

Design

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

Performance

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

Design

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

Performance

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

Peer Group Plans

Company Rating
Dayton-Phoenix Group 65.6
Hampton Jitney 65.0
Hudson Transit Lines 58.2
Armstrong Ambulance Service 56.7
Shoppa's Material Handling 53.8
Frank Martz Coach Company 53.6

Top Industry Articles

exclusives
Warn Your Clients: Don’t Abuse Coronavirus Hardship Withdrawals
Though retirement plans can allow individuals to self-certify that they qualify for a penalty-free coronavirus-related distribution, should the IRS discover otherwise during a future audit, a participant can be subject to substantial penalties.
June 11, 2020
Compliance
What Biden’s Win Means for Retirement Plans

Experts say the president-elect could start the process of shoring up Social Security and embrace ESG investing.

November 19, 2020
Compliance
New Life Expectancy Tables Will Decrease RMDs

The IRS has issued final regulations on mortality tables to be used for calculating required minimum distributions, which reflect longer life expectancies.

November 10, 2020
Compliance
A Strong Appetite for ‘SECURE Act 2.0’ in Congress

One retirement plan industry executive says his conversations with members of the U.S. House and Senate make him optimistic that Congress could act sooner rather than later on the new legislation.

November 20, 2020
exclusives
A New World and New Opportunities for Alpha
Pandemic-driven volatility has once again highlighted the relative virtues of active and passive management.
June 9, 2020

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 18%
15%
MFS Value 18%
14%
T. Rowe Price Growth Stock 12%
69%
Fund hidden
100%
Fund hidden
100%
Fund hidden
100%
Fund hidden
100%
View all funds in this plan
for Asset Managers

Providers

Plan Service Provider

SERVICE PROVIDER
Auditor
HLB Gross Collins, PC

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?
Ryan Alfred

Popular Questions

See more questions
Have a question about retirement plans?
Our community of registered financial advisors are standing by to share their experience.
Ask a question