Bangor Hydro-Electric Company
70
Plan:
Bangor Hydro-Electric Company 401k Plan
36
77
93
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 23 point difference between this plan's BrightScope Rating (70) and the top rated plan (93) could equate to:
[How is this calculated?]
[How is this calculated?]
16 additional years of work Up to $78,300 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
Bangor Hydro-Electric Company 401k Plan is a defined contribution plan with a 401k feature. This plan has a BrightScope Rating of 70. This plan is in the top 35% of plans for Account Balances, Investment Menu Quality, Participation Rate, Salary Deferral, and Total Plan Cost. Bangor Hydro-Electric Company 401k Plan currently has over 400 active participants and over $29.7M in plan assets.
Retirement Plan Details
| Address |
970 Illinois Ave
Bangor, ME 04402-0932 |
| Industry | Utilities |
| Administrator | Robert D. King |
| Sponsor | Peter Dawes |
| Net Plan Assets | $29,700,000 |
| Total Participants | 420 |
| Avg Account Balance | $70,000 |
Compare Other Companies in Peer Group
| Entergy | 86.3 |
| Southern Maryland Electric... | 82.7 |
| Terra-Gen Power, LLC | 81.9 |
| Capital Power | 81.3 |
| The Walton Electric Membership | 74.4 |
| Guadalupe Valley Electric Cooperative | 71.9 |
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