Board of Trustees of the Pen. Plan for the Local Union No. 131 IBEW
66
Plan:
Pension Plan for the Local Union No. 131 International Brotherhood of Electrical Workers
21
63
86
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 20 point difference between this plan's BrightScope Rating (66) and the top rated plan (86) could equate to:
[How is this calculated?]
[How is this calculated?]
10 additional years of work Up to $137,600 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
Pension Plan for the Local Union No. 131 International Brotherhood of Electrical Workers is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 66. This plan is in the top 15% of plans for Account Balances and Participation Rate. Pension Plan for the Local Union No. 131 International Brotherhood of Electrical Workers currently has over 600 active participants and over $61.6M in plan assets.
Retirement Plan Details
| Address |
6525 Centurion Drive
Lansing, MI 48917-9275 |
| Industry | Electrical Contractors and Other Wiring Installation Contractors |
| Administrator | Bryan D. Stulz |
| Net Plan Assets | $61,600,000 |
| Total Participants | 640 |
| Avg Account Balance | $96,000 |
Comments