GALLES MOTOR COMPANY NADART SALARY DEFERRAL 401K PROFIT SHARI

Plan Overview & Key Metrics

GALLES MOTOR COMPANY NADART SALARY DEFERRAL 401K PROFIT SHARI is a defined contribution retirement plan offered by GALLES MOTOR COMPANY. Below is a snapshot of the plan’s financial health, participant activity, and employer generosity based on publicly filed data. Use these metrics to benchmark your own contributions and see how this plan compares to peers.

GALLES MOTOR COMPANY NADART SALARY DEFERRAL 401K PROFIT SHARI Total Retirement Plan Assets

At the end of 2000, the total retirement plan assets of GALLES MOTOR COMPANY NADART SALARY DEFERRAL 401K PROFIT SHARI is $4,835,621.00.This plan was established in 1965.

GALLES MOTOR COMPANY NADART SALARY DEFERRAL 401K PROFIT SHARI Total Number of Retirement Plan Participants

At the end of 2000, the total number of retirement plan participants in GALLES MOTOR COMPANY NADART SALARY DEFERRAL 401K PROFIT SHARI is 180

GALLES MOTOR COMPANY NADART SALARY DEFERRAL 401K PROFIT SHARI Average Participant Retirement Account Value

In 2000, the average participant retirement account value for GALLES MOTOR COMPANY NADART SALARY DEFERRAL 401K PROFIT SHARI is $26,864.00

GALLES MOTOR COMPANY NADART SALARY DEFERRAL 401K PROFIT SHARI Estimated Average Employee Contribution Amount

In 2000, the estimated average employee contribution amount per participant for GALLES MOTOR COMPANY NADART SALARY DEFERRAL 401K PROFIT SHARI is $4,217.00.

GALLES MOTOR COMPANY NADART SALARY DEFERRAL 401K PROFIT SHARI Estimated Average Employer Match

In 2000, the estimated average employer match for an employee in GALLES MOTOR COMPANY NADART SALARY DEFERRAL 401K PROFIT SHARI is approximately $721.00
Investing in this additonal $721.00 for 20 years would give you extra $46,202.00, assuming a 10% annual return.

GALLES MOTOR COMPANY NADART SALARY DEFERRAL 401K PROFIT SHARI Total Employer Contribution and Match Rate

In 2000, GALLES MOTOR COMPANY NADART SALARY DEFERRAL 401K PROFIT SHARI allocates $129,945.00 to match its employees’ contributions, providing an employer match rate of 34.23% of their contributions

GALLES MOTOR COMPANY NADART SALARY DEFERRAL 401K PROFIT SHARI Total Retirement Plan Asset Growth Rate

In 2000, the total retirement plan asset growth rate of GALLES MOTOR COMPANY NADART SALARY DEFERRAL 401K PROFIT SHARI is -6.35%.

GALLES MOTOR COMPANY NADART SALARY DEFERRAL 401K PROFIT SHARI Estimated Aggregate Retirement Account Investment Gain/Loss

In 2000, the estimated aggregate retirement account investment gain/loss for GALLES MOTOR COMPANY NADART SALARY DEFERRAL 401K PROFIT SHARI is 3.04%. This measures the effectiveness of the plan participants’ investments in the year.

GALLES MOTOR COMPANY NADART SALARY DEFERRAL 401K PROFIT SHARI Expense Ratio

In 2000, the investment and administrative expense ratio of GALLES MOTOR COMPANY NADART SALARY DEFERRAL 401K PROFIT SHARI is 0.21%.

* Data are from public filings.

Plan Administrator & Contact

Need to reach the plan administrator, update beneficiaries, or request a distribution? Use the contact details below. If the plan uses an external recordkeeper (such as Fidelity, Vanguard, or Empower), their portal is typically the fastest way to manage your account day to day.

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Enrollment & Brokerage Features

The following features describe how GALLES MOTOR COMPANY NADART SALARY DEFERRAL 401K PROFIT SHARI handles enrollment, default investments, and access to self-directed brokerage windows. Plans that offer auto-enrollment tend to have higher participation rates, and a brokerage window can give you access to investments beyond the plan’s core lineup.

What Should You Do Next?

Your 401(k) is likely your single largest wealth-building tool. Here is how to make the most of GALLES MOTOR COMPANY NADART SALARY DEFERRAL 401K PROFIT SHARI:

  1. Contribute enough to capture the full employer match. This is free money — see the match details on the Contribution & Match page.
  2. Review your investment allocation. Make sure your mix of stocks, bonds, and other assets matches your age and risk tolerance. Check available investment options.
  3. Keep your beneficiary designations current. Life events (marriage, divorce, children) mean your beneficiary form may need updating.
  4. Increase contributions over time. Even a 1% annual bump can add tens of thousands to your retirement balance over a career.

Use our 401(k) Savings Calculator to project how your current contribution rate translates into retirement wealth, or try the Asset Allocation Calculator to find an allocation that fits your risk profile.

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