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Company:
UIL Holdings Corporation
Plan:
UIL Holdings Corporation 401k/Employee Stock Ownership Plan
 

UIL Holdings Corporation

82 Plan: UIL Holdings Corporation 401k/Employee Stock Ownership Plan

 
 
82
36
91
0
10
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For the average 401k participant, the 9 point difference between this plan's BrightScope Rating (82) and the top rated plan (91) could equate to:
[How is this calculated?]
7 additional years of work
Up to $97,200 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

UIL Holdings Corporation 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 82. This plan is in the top 15% of plans for Account Balances, Company Generosity, Salary Deferral, and Total Plan Cost. UIL Holdings Corporation 401k/Employee Stock Ownership Plan currently has over 1,900 active participants and over $375.2M in plan assets.


 Investment Menu Statistics

No. of Investment Options
27
Plan Average: 20
Largest Funds in this 401k: based on % allocation of assets
1. Vanguard Group Target Retirement 35%
2. United Illuminating Company Common Stock 14%
3. Vanguard Institutional Index 13%

 Retirement Plan Details

Address 180 Marsh Hill Road
Orange, CT 06477-3629 
Industry Utilities
Administrator Diane Pivirotto
Sponsor Steven Favuzza
Net Plan Assets $375,000,000
Total Participants 1,900
Avg Account Balance $200,000

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Plan Service Providers

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