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Company:
International Brotherhood of Electrical Workers Local No. 7
Plan:
International Brotherhood of Electrical Workers Local No. 7 Annuity Plan
 

International Brotherhood of Electrical Workers Local No. 7

34 Plan: International Brotherhood of Electrical Workers Local No. 7 Annuity Plan

 
 
34
7
58
86
0
10
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30
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60
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100
For the average 401k participant, the 52 point difference between this plan's BrightScope Rating (34) and the top rated plan (86) could equate to:
[How is this calculated?]
24 additional years of work
Up to $437,100 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

International Brotherhood of Electrical Workers Local No. 7 Annuity Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 34. This plan is in the top 35% of plans for Account Balances, Company Generosity, Investment Menu Quality, and Total Plan Cost. International Brotherhood of Electrical Workers Local No. 7 Annuity Plan currently has fewer than 100 active participants and over $37.4M in plan assets.

 

 Investment Menu Statistics

No. of Investment Options
17
Plan Average: 24
Top 3 Funds in this 401k
1. Transamerica Stable Value Fund 63%
2. Value Fund MISC 6%
3. T. Rowe Price Growth Stock 5%

 
Plan Component Ratings

 Retirement Plan Details

Address Po Box 5817
Wallingford, CT 06492 
Industry Electrical Contractors and Other Wiring Installation Contractors
Administrator Todd Hickman
Net Plan Assets $37,400,000
Total Participants 42
Avg Account Balance $59,000

 Compare Other Companies in Peer Group

IBEW Local No. 229 Annuity Fund 63.7
International Brotherhood of... 61.6
Stansell Electric Company 61.5
Joint Board of Trustees of I.B.E.W. 61.2
I.B.E.W. Local 81 C/O W.D. Iacono... 57.6
Board of Trustees IBEW Local No 32... 53.9

  Plan Service Providers

Insurance Carrier Transamerica
Insurance Advisor/Broker ABN AMRO Trust Services Company
Recordkeeper Insurance Programmers, Inc.
Auditor Nicholas Lapier CPA Pc

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