M & M Luxury Automotive, LLC
Form 5500 DataOverview
Plan Description
Meade Lexus 401k Plan & Trust is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 64. This plan is in the top 35% of plans for Account Balances and Salary Deferral. Meade Lexus 401k Plan & Trust currently has over 100 active participants and over $6.2M in plan assets.
Did you know?
For the average 401k participant, the 10 point difference between this plan's BrightScope Rating (64) and the top rated plan (74) could equate to:
4
Additional years of work
2,861
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 12/31/2017
Plan data has been audited by an Independent Qualified Public Accountant (IQPA). Address 45001 Northpointe Blvd
Plan data has been audited by an Independent Qualified Public Accountant (IQPA). Address 45001 Northpointe Blvd
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LocationUtica , MI48315
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IndustryNew Car Dealers
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AdministratorTerry Tadlock
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Net Plan Assets$6,150,000
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Total Participants140
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Avg Account Balance$62,000
Plan Components
Component Ratings
Design
Total Plan Cost:
Average Fees
Company Generosity:
Poor
Performance
Participation Rate:
Below Avg.
Salary Deferrals:
Above Average
Account Balance:
Above Average
Design
Total Plan Cost:
Low Fees
Company Generosity:
Below Avg.
Performance
Participation Rate:
Average
Salary Deferrals:
Above Average
Account Balance:
Great
Peer Group Plans
Company | Rating |
---|---|
Braeger Company Of Wisconsin | 67.1 |
Lynch Motors | 65.6 |
Autohaus on Edens | 65.4 |
Hidden Valley Investments, Inc. d/b/a Quality Chevrolet | 65.4 |
Paul Bailey's East Greenwich Ford | 61.3 |
Park Jeep | 59.3 |
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Investments
Largest Funds in this Plan | Allocation of Assets | 1 YR Rank in Category |
---|---|---|
American Funds Washington Mutual | 16% |
32%
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American Funds Growth Fund of America | 14% |
94%
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American Funds EuroPacific Growth | 12% |
62%
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100%
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100%
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100%
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100%
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View all funds in this plan
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