GRAND PRIZE MOTORS, INC. 401(K) PLAN

Plan Contact

  • Address: 11701 S.W. 152ND STREET,MIAMI,FL
  • Contact person: CHRISTOPHER HULSE
  • Phone: (305) 235-8200

Plan General Information

GRAND PRIZE MOTORS, INC. 401(K) PLAN Total Retirement Plan Assets

At the end of 2015, the total retirement plan assets of GRAND PRIZE MOTORS, INC. 401(K) PLAN is $816,676.00.This plan was established in 2006.

GRAND PRIZE MOTORS, INC. 401(K) PLAN Total Number of Retirement Plan Participants

At the end of 2015, the total number of retirement plan participants in GRAND PRIZE MOTORS, INC. 401(K) PLAN is 125

GRAND PRIZE MOTORS, INC. 401(K) PLAN Average Participant Retirement Account Value

In 2015, the average participant retirement account value for GRAND PRIZE MOTORS, INC. 401(K) PLAN is $6,533.00

GRAND PRIZE MOTORS, INC. 401(K) PLAN Estimated Average Employee Contribution Amount

In 2015, the estimated average employee contribution amount per participant for GRAND PRIZE MOTORS, INC. 401(K) PLAN is $1,415.00.

GRAND PRIZE MOTORS, INC. 401(K) PLAN Estimated Average Employer Match

In 2015, the estimated average employer match for an employee in GRAND PRIZE MOTORS, INC. 401(K) PLAN is approximately $23.00
Investing in this additonal $23.00 for 20 years would give you extra $1,527.00, assuming a 10% annual return.

GRAND PRIZE MOTORS, INC. 401(K) PLAN Total Employer Contribution and Match Rate

In 2015, GRAND PRIZE MOTORS, INC. 401(K) PLAN allocates $2,984.00 to match its employees' contributions, providing an employer match rate of 3.37% of their contributions

GRAND PRIZE MOTORS, INC. 401(K) PLAN Total Retirement Plan Asset Growth Rate

In 2015, the total retirement plan asset growth rate of GRAND PRIZE MOTORS, INC. 401(K) PLAN is 11.70%.

GRAND PRIZE MOTORS, INC. 401(K) PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2015, the estimated aggregate retirement account investment gain/loss for GRAND PRIZE MOTORS, INC. 401(K) PLAN is 4.08%. This measures the effectiveness of the plan participants' investments in the year.

GRAND PRIZE MOTORS, INC. 401(K) PLAN Expense Ratio

In 2015, the investment and administrative expense ratio of GRAND PRIZE MOTORS, INC. 401(K) PLAN is 0.20%.

Enrollment Features

GRAND PRIZE MOTORS, INC. 401(K) PLAN 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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