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Company:
Ohio Education Association
Plan:
Ohio Education Association Employees 401k Savings Plan
 

Ohio Education Association

78 Plan:

 
 
78
29
71
89
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 11 point difference between this plan's BrightScope Rating (78) and the top rated plan (89) could equate to:
[How is this calculated?]
8 additional years of work
Up to $33,500 in lost retirement 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.

 

Retirement Plan Description

Ohio Education Association Employees 401k Savings Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 78. This plan is in the top 15% of plans for Salary Deferral. Ohio Education Association Employees 401k Savings Plan currently has over 200 active participants and over $18.4M in plan assets.


 Investment Menu Statistics

No. of Investment Options
22
Plan Average: 20
Largest Funds in this 401k: based on % allocation of assets
1. Principal Fixed Income 401(a)/(k) 13%
2. Principal MidCap S&P 400 Index 7%
3. Principal Trust Target 2015 7%

 Retirement Plan Details

Address Po Box 2550
Columbus, OH 43216-2550 
Industry Labor Unions and Similar Labor Organizations
Administrator Larry Wicks
Sponsor James Timlin
Net Plan Assets $18,400,000
Total Participants 250
Avg Account Balance $81,000

  Plan Service Providers

Insurance Carrier Principal Financial Group
Administration Principal Financial Group
Recordkeeper Principal Financial Group
Auditor Clark, Schaefer, Hackett & Co.