Illinois Education Association - NEA
80
Plan:
11
71
89
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 9 point difference between this plan's BrightScope Rating (80) and the top rated plan (89) could equate to:
[How is this calculated?]
[How is this calculated?]
7 additional years of work Up to $25,100 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
Illinois Education Association Professional Staff 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 80. This plan is in the top 15% of plans for Account Balances, Company Generosity, Participation Rate, and Salary Deferral. Illinois Education Association Professional Staff 401k Plan currently has over 100 active participants and over $12.2M in plan assets.
Retirement Plan Details
| Address |
100 East Edwards St.
Springfield, IL 62704-1999 |
| Industry | Labor Unions and Similar Labor Organizations |
| Administrator | Debra Knox |
| Net Plan Assets | $12,200,000 |
| Total Participants | 130 |
| Avg Account Balance | $96,000 |
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