Central Motor Wheel of America, Inc.

65
Form 5500 Data

Overview

Plan Rating

BrightScope Rating
65
Lowest Rating in Peer Group
Average Rating in Peer Group
Highest Rating in Peer Group
0102030405060708090100
Lowest in Peer Group (3)
Average in Peer Group (72)
Highest in Peer Group (87)

Plan Description

Central Motor Wheel of America 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 65. This plan is in the top 35% of plans for Account Balances, Company Generosity, and Participation Rate. Central Motor Wheel of America 401k Plan currently has over 500 active participants and over $51.1M in plan assets.

Did you know?

For the average 401k participant, the 22 point difference between this plan's BrightScope Rating (65) and the top rated plan (87) could equate to:
12
Additional years of work
127,451
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 150 Wheat Drive
  • Location
    Paris , KY
  • 40361
  • Industry
    Manufacturing
  • Administrator
    Daren Varble
  • Net Plan Assets
    $51,100,000
  • Total Participants
    540
  • Avg Account Balance
    $97,000

Plan Components

Component Ratings

Design

Total Plan Cost:
Average Fees
Company Generosity:
Above Average

Performance

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

Design

Total Plan Cost:
Average Fees
Company Generosity:
Average

Performance

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

Top Industry Articles

Investments

Investment Menu Stats

# of Investment Options

29

(Plan Average: 20)

Largest Funds in this Plan Allocation of Assets 1 YR Rank in Category
Voya Fixed Account 22%
N/A
Voya US Stock Index Portfolio 14%
N/A
Voya Financial (ING) Solutions 11%
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
Insurance Carrier
Voya Financial (ING)
Insurance Advisor/Broker
Raymond James & Associates, Inc.
Investment Adviser
Voya Financial (ING)
Recordkeeper
Voya Financial (ING)
Investment Adviser
Morningstar, Inc.
Auditor
Dean, Dorton & Ford, Inc.

Articles and Questions

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