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Company:
Teamsters Local Union 299
Plan:
Teamsters Local Union 299 Multi-Employer 401k Plan
 

Teamsters Local Union 299

60 Plan: Teamsters Local Union 299 Multi-Employer 401k Plan

 
 
60
10
52
74
0
10
20
30
40
50
60
70
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100
For the average 401k participant, the 14 point difference between this plan's BrightScope Rating (60) and the top rated plan (74) could equate to:
[How is this calculated?]
6 additional years of work
Up to $148,600 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

Teamsters Local Union 299 Multi-Employer 401k Plan is a defined contribution plan with a 401k feature. This plan has a BrightScope Rating of 60. This plan is in the top 15% of plans for Participation Rate. Teamsters Local Union 299 Multi-Employer 401k Plan currently has over 300 active participants and over $2.5M in plan assets.

 

 
Plan Component Ratings

 Retirement Plan Details

Address 2741 Trumbull St
Detroit, MI 48216-1268 
Industry Transportation and Warehousing
Administrator Terry R. Sell
Net Plan Assets $2,540,000
Total Participants 320
Avg Account Balance $8,100

 Compare Other Companies in Peer Group

The Gilbert Company 61.8
Tni USA 53.5
Zimmerman Truck Lines 51.3
KC Transportation 51.0
Basin Western 49.4
Dillon Resources 43.7

 Top 3 Funds in this 401k

1. MetLife Managed Guaranteed Investment Contract 30%
2. Participant Loans 8%
3. Fidelity Spartan 500 Index 8%

  Plan Service Provider

Auditor Rossi & Co., P.C.

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