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Company:
The United Illuminating Company
Plan:
The United Illuminating Company 401k/Employee Stock Ownership Plan
 

The United Illuminating Company

81 Plan: The United Illuminating Company 401k/Employee Stock Ownership Plan

 
 
81
41
91
0
10
20
30
40
50
60
70
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90
100
For the average 401k participant, the 10 point difference between this plan's BrightScope Rating (81) and the top rated plan (91) could equate to:
[How is this calculated?]
8 additional years of work
Up to $28,100 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.

 

Retirement Plan Description

The United Illuminating Company 401k/Employee Stock Ownership Plan is a defined contribution plan with a profit-sharing component, stock bonus component, 401k feature, and leveraged ESOP component. This plan has a BrightScope Rating of 81. This plan is in the top 15% of plans for Account Balances, Company Generosity, Salary Deferral, and Total Plan Cost. The United Illuminating Company 401k/Employee Stock Ownership Plan currently has over 1,900 active participants and over $351.9M in plan assets.


 Investment Menu Statistics

No. of Investment Options
17
Plan Average: 20
Largest Funds in this 401k: based on % allocation of assets
1. United Illuminating Company Common Stock 13%
2. Vanguard Institutional Index 13%
3. Vanguard Retirement Savings Trust 9%

 Retirement Plan Details

Address 180 Marsh Hill Road
Orange, CT 06477-3629 
Industry Utilities
Administrator Steven Favuzza
Sponsor Diane Pivirotto
Net Plan Assets $352,000,000
Total Participants 2,000
Avg Account Balance $180,000

 Compare Other Companies in Peer Group

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  Plan Service Providers

Consultant 401k Advisors
Recordkeeper Vanguard Group
Auditor Dworken,Hillman,Lamorte & Sterczala