Nationwide Express, Inc.
Form 5500 DataOverview
Plan Description
Nationwide Express, Inc. 401k Profit Sharing Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 61. This plan is in the top 15% of plans for Total Plan Cost. Nationwide Express, Inc. 401k Profit Sharing Plan currently has over 200 active participants and over $5.6M in plan assets.
Did you know?
For the average 401k participant, the 21 point difference between this plan's BrightScope Rating (61) and the top rated plan (82) could equate to:
11
Additional years of work
75,921
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 1211 East Lane Street
Plan data has been audited by an Independent Qualified Public Accountant (IQPA). Address 1211 East Lane Street
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LocationShelbyville , TN37160
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IndustryTransportation and Warehousing
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Net Plan Assets$5,640,000
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Total Participants290
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Avg Account Balance$25,000
Plan Components
Component Ratings
Design
Total Plan Cost:
Lowest Fees
Company Generosity:
Above Average
Performance
Participation Rate:
Below Avg.
Salary Deferrals:
Average
Account Balance:
Below Avg.
Design
Total Plan Cost:
Lowest Fees
Company Generosity:
Great
Performance
Participation Rate:
Below Avg.
Salary Deferrals:
Average
Account Balance:
Average
Peer Group Plans
Company | Rating |
---|---|
Wiseway Motor Freight | 61.9 |
S&M Moving Systems | 60.4 |
Brown Transfer Company, LLC | 59.2 |
Trucks | 53.8 |
South Hills Movers | 47.8 |
M&C Trucking Company | 35.1 |
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
Practice Management
Practice Management: Areas of Success
A look at what worked particularly well in 2020 and that could keep propelling growth in 2021.
December 28, 2020
exclusives
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A bipartisan compromise solution to end the multiemployer pension crisis is urgently required, sources agree, and one could finally be forthcoming in the U.S. Congress.
January 19, 2021
Deals & People
HUB Names New Leader for Retirement and Private Wealth
PLANADVISER has learned that HUB International has named Joe DeNoyior as the new leader for Retirement and Private Wealth.
January 22, 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
Investments
Largest Funds in this Plan | Allocation of Assets | 1 YR Rank in Category |
---|---|---|
Invesco Stable Value Fund | 36% |
N/A
|
American Funds Growth Fund of America | 15% |
21%
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American Funds (Capital Group) Target Date Retirement | 8% |
8%
|
|
100%
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100%
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|
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100%
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|
|
100%
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View all funds in this plan
Articles and Questions

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