Gallery Model Homes, Inc. d/b/a Gallery Furniture

Form 5500 Data

Gallery Model Homes, Inc. d/b/a Gallery Furniture

20
Form 5500 Data

Overview

Plan Rating

BrightScope Rating
20
Lowest Rating in Peer Group
Average Rating in Peer Group
Highest Rating in Peer Group
0102030405060708090100
Lowest in Peer Group (20)
Average in Peer Group (59)
Highest in Peer Group (76)

Plan Description

Gallery Furniture Profit Sharing Plan is a defined contribution plan with a profit-sharing component. This plan has a BrightScope Rating of 20. Gallery Furniture Profit Sharing Plan currently has over 200 active participants and over $5.4M in plan assets.

Did you know?

For the average 401k participant, the 56 point difference between this plan's BrightScope Rating (20) and the top rated plan (76) could equate to:
25
Additional years of work
503,914
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 12/31/2013
Plan data has been audited by an Independent Qualified Public Accountant (IQPA).
Address 6006 North Freeway
  • Location
    Houston , TX
  • 77076-4029
  • Industry
    Furniture Stores
  • Administrator
    James Mcingvale
  • Net Plan Assets
    $5,390,000
  • Total Participants
    290
  • Avg Account Balance
    $23,000

Plan Components

Component Ratings

Design

Total Plan Cost:
Average Fees
Company Generosity:
Poor

Performance

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

Design

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

Performance

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

Investment Menu Stats

# of Investment Options

16

(Plan Average: 20)

Largest Funds in this Plan Allocation of Assets 1 YR Rank in Category
Total Certificates of Deposit 57%
N/A
Cash and Cash Equivalents 8%
N/A
Total Corporate Bonds 8%
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
Recordkeeper
Malcolm Thompson & Associates, Inc.
Auditor
Patrick C. Shields, Pc

Articles and Questions