IBEW Local Union No. 124 Annuity Plan
50
Plan:
50
14
62
85
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 35 point difference between this plan's BrightScope Rating (50) and the top rated plan (85) could equate to:
[How is this calculated?]
16 additional years of work
Up to $265,100 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.
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Retirement Plan Description
Local Union No. 124 I.B.E.W. 401k Trust Fund is a defined contribution plan with a 401k feature. This plan has a BrightScope Rating of 50. This plan is in the top 35% of plans for Investment Menu Quality. Local Union No. 124 I.B.E.W. 401k Trust Fund currently has over 3,200 active participants and over $52.4M in plan assets.
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