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Company:
Amalgamated Transit Union
Plan:
Amalgamated Transit Union Local Union Officers and Employees 401k Plan
 

Amalgamated Transit Union

53 Plan: Amalgamated Transit Union Local Union Officers and Employees 401k Plan

 
 
53
29
69
90
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 37 point difference between this plan's BrightScope Rating (53) and the top rated plan (90) could equate to:
[How is this calculated?]
19 additional years of work
Up to $227,800 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

Amalgamated Transit Union Local Union Officers and Employees 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 53. This plan is in the top 35% of plans for Investment Menu Quality and Salary Deferral. Amalgamated Transit Union Local Union Officers and Employees 401k Plan currently has over 200 active participants and over $2.6M in plan assets.


 Investment Menu Statistics

No. of Investment Options
15
Plan Average: 20
Largest Funds in this 401k: based on % allocation of assets
1. Principal Fixed Income 401(a)/(k) 17%
2. Columbia Acorn 10%
3. American Funds Growth Fund of America 10%

 Retirement Plan Details

Address 5025 Wisconsin Avenue, N.W.
Washington, DC 20016 
Industry Other Services (except Public Administration)
Administrator Oscar Owens
Net Plan Assets $2,650,000
Total Participants 240
Avg Account Balance $35,000

  Plan Service Providers

Insurance Carrier Principal Financial Group
Insurance Advisor/Broker Morgan Stanley
Investment Adviser Quorum Consulting Group
Auditor Estes, Bridgewater & Ogden