EMPLOYEE BENEFIT PLAN OF MCLARTY AUTOMOTIVE GROUP, LLC

Plan Contact

  • Address: 1500 N SHACKLEFORD RD,LITTLE ROCK,AR
  • Contact person: MICHAEL HOLLAND
  • Phone: (501) 753-6180

Plan General Information

EMPLOYEE BENEFIT PLAN OF MCLARTY AUTOMOTIVE GROUP, LLC Total Retirement Plan Assets

At the end of 2020, the total retirement plan assets of EMPLOYEE BENEFIT PLAN OF MCLARTY AUTOMOTIVE GROUP, LLC is $47,956,193.00.This plan was established in 1995.

EMPLOYEE BENEFIT PLAN OF MCLARTY AUTOMOTIVE GROUP, LLC Total Number of Retirement Plan Participants

At the end of 2020, the total number of retirement plan participants in EMPLOYEE BENEFIT PLAN OF MCLARTY AUTOMOTIVE GROUP, LLC is 1248

EMPLOYEE BENEFIT PLAN OF MCLARTY AUTOMOTIVE GROUP, LLC Average Participant Retirement Account Value

In 2020, the average participant retirement account value for EMPLOYEE BENEFIT PLAN OF MCLARTY AUTOMOTIVE GROUP, LLC is $38,426.00

EMPLOYEE BENEFIT PLAN OF MCLARTY AUTOMOTIVE GROUP, LLC Estimated Average Employee Contribution Amount

In 2020, the estimated average employee contribution amount per participant for EMPLOYEE BENEFIT PLAN OF MCLARTY AUTOMOTIVE GROUP, LLC is $5,846.00.

EMPLOYEE BENEFIT PLAN OF MCLARTY AUTOMOTIVE GROUP, LLC Estimated Average Employer Match

In 2020, the estimated average employer match for an employee in EMPLOYEE BENEFIT PLAN OF MCLARTY AUTOMOTIVE GROUP, LLC is approximately $781.00
Investing in this additonal $781.00 for 20 years would give you extra $50,039.00, assuming a 10% annual return.

EMPLOYEE BENEFIT PLAN OF MCLARTY AUTOMOTIVE GROUP, LLC Total Employer Contribution and Match Rate

In 2020, EMPLOYEE BENEFIT PLAN OF MCLARTY AUTOMOTIVE GROUP, LLC allocates $975,766.00 to match its employees' contributions, providing an employer match rate of 26.74% of their contributions

EMPLOYEE BENEFIT PLAN OF MCLARTY AUTOMOTIVE GROUP, LLC Total Retirement Plan Asset Growth Rate

In 2020, the total retirement plan asset growth rate of EMPLOYEE BENEFIT PLAN OF MCLARTY AUTOMOTIVE GROUP, LLC is 28.02%.

EMPLOYEE BENEFIT PLAN OF MCLARTY AUTOMOTIVE GROUP, LLC Estimated Aggregate Retirement Account Investment Gain/Loss

In 2020, the estimated aggregate retirement account investment gain/loss for EMPLOYEE BENEFIT PLAN OF MCLARTY AUTOMOTIVE GROUP, LLC is 16.11%. This measures the effectiveness of the plan participants' investments in the year.

EMPLOYEE BENEFIT PLAN OF MCLARTY AUTOMOTIVE GROUP, LLC Expense Ratio

In 2020, the investment and administrative expense ratio of EMPLOYEE BENEFIT PLAN OF MCLARTY AUTOMOTIVE GROUP, LLC is 0.01%.

Enrollment Features

EMPLOYEE BENEFIT PLAN OF MCLARTY AUTOMOTIVE GROUP, LLC has the following features:
    Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.


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