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A Betterway Rent-A-Car Group Inc.,

Form 5500 Data
OverviewPlan ComponentsInvestmentsProvidersArticles & Questions

A Betterway Rent-A-Car Group Inc.,

54
Form 5500 Data
OverviewPlan ComponentsInvestmentsProvidersArticles & Questions

Overview

Plan Rating

BrightScope Rating
54
Lowest Rating in Peer Group
Average Rating in Peer Group
Highest Rating in Peer Group
0102030405060708090100
Lowest in Peer Group (15)
Average in Peer Group (63)
Highest in Peer Group (89)

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 54. 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 $9.1M in plan assets.

Did you know?

For the average 401k participant, the 35 point difference between this plan's BrightScope Rating (54) and the top rated plan (89) could equate to:
18
Additional years of work
208,308
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 1110 Northchase Parkway Suite 200
  • Location
    Marietta , GA
    • 30067
  • Industry
    Transportation and Warehousing
  • Administrator
    Deborah With
  • Net Plan Assets
    $9,130,000
  • Total Participants
    250
  • Avg Account Balance
    $73,000

Plan Components

Component Ratings

Design

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

Performance

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

Design

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

Performance

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

Peer Group Plans

Company Rating
Crimson Midstream Services, LLC 82.8
Dayton-Phoenix Group 68.7
WE Transport 65.9
Hampton Jitney 65.5
Alaska Rent-A-Car 62.6
Armstrong Ambulance Service 55.4

Top Industry Articles

Compliance
Stimulus Bill Extends Some Provisions of the CARES Act

It also provides a way for retirement plan sponsors to avoid a partial plan termination.

December 28, 2020
exclusives
Coronavirus Hardship Withdrawals, Taxes and Your Retirement Plan Clients
Coronavirus-related withdrawals made in 2020 were a financial lifeline for some, but they could also turn into a major tax headache for others.
February 19, 2021
exclusives
Once They Catch On, PEPs Could Grow Exponentially
The current hesitancy over how they will take shape will be overcome by appreciation among advisers and sponsors alike at the prospect of expanding retirement coverage, sources say.
April 16, 2021
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
Lawsuit Challenges Fees in Kimberly-Clark's 401(k) Plan

The plaintiffs allege plan fiduciaries used what it calls ‘cobbled-together services from many providers’ and didn't monitor fees for any of them.

April 19, 2021

Investments

Investment Menu Stats

# of Investment Options

25

(Plan Average: 20)

Largest Funds in this Plan Allocation of Assets 1 YR Rank in Category
Vanguard 500 Index 19%
13%
MFS Value 19%
82%
T. Rowe Price Growth Stock 13%
22%
Fund hidden
100%
Fund hidden
100%
Fund hidden
100%
Fund hidden
100%
View all funds in this plan
for Asset Managers

Providers

Plan Service Providers

SERVICE PROVIDER
Recordkeeper
Newport Group Securities, Inc.
Auditor
HLB Gross Collins, PC

Articles and Questions

Boeing Plan Report (Updated)

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Ryan Alfred

Popular Questions

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