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Company:
IBEW Local 704
Plan:
I.B.E.W. Local No. 704 401k Plan
 

IBEW Local 704

71 Plan: I.B.E.W. Local No. 704 401k Plan

 
 
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72
87
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For the average 401k participant, the 16 point difference between this plan's BrightScope Rating (71) and the top rated plan (87) could equate to:
[How is this calculated?]
9 additional years of work
Up to $53,900 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

I.B.E.W. Local No. 704 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 71. This plan is in the top 15% of plans for Account Balances, Company Generosity, and Investment Menu Quality. I.B.E.W. Local No. 704 401k Plan currently has over 100 active participants and over $20.9M in plan assets.

 

 
Plan Component Ratings

 Retirement Plan Details

Address 1610 Garfield Ave
Dubuque, IA 52001-2258 
Industry Electrical Contractors and Other Wiring Installation Contractors
Administrator Ruth Lee
Net Plan Assets $20,900,000
Total Participants 190
Avg Account Balance $110,000

 Compare Other Companies in Peer Group

Southland Industries 82.3
W. Frank Harshaw & Associates 79.8
Grunau Company 79.3
Harbor Group 66.9
All Phase Electric & Maintenance 60.1
Tri-City Electrical Contractors 54.4

 Top 3 Funds in this 401k

1. American Funds Fundamental Investors 9%
2. Principal Large Cap S&P 500 Index 7%
3. Principal International Emerging Markets 7%

  Plan Service Providers

Insurance Carrier Principal Financial Group
Insurance Advisor/Broker Jeffrey S Overson
Insurance Advisor/Broker William T Schenck
Investment Adviser Investment Consulting Group, Inc.
Administration Investment Consulting Group, Inc.
Legal Counsel Harvey & Stuckel
Administration Harvey & Stuckel
Auditor Carpentier, Mitchell, Goddard & Co

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