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

IBEW Local 704

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

 
 
73
14
60
85
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 12 point difference between this plan's BrightScope Rating (73) and the top rated plan (85) could equate to:
[How is this calculated?]
6 additional years of work
Up to $113,700 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 73. This plan is in the top 15% of plans for Account Balances and Company Generosity. I.B.E.W. Local No. 704 401k Plan currently has over 100 active participants and over $19.8M in plan assets.

 

 Investment Menu Statistics

No. of Investment Options
17
Plan Average: 24
Largest Funds in this 401k: based on % allocation of assets
1. Invesco Equity and Income 11%
2. Harbor International 10%
3. Lord Abbett Fundamental Equity 9%

 
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 $19,800,000
Total Participants 180
Avg Account Balance $110,000

  Plan Service Providers

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

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