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Company:
Electrical Contractors, Inc.
Plan:
Electrical Contractors, Inc. Retirement Savings Plan
 

Electrical Contractors, Inc.

68 Plan: Electrical Contractors, Inc. Retirement Savings Plan

 
 
68
14
59
85
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 17 point difference between this plan's BrightScope Rating (68) and the top rated plan (85) could equate to:
[How is this calculated?]
10 additional years of work
Up to $73,200 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

Electrical Contractors, Inc. Retirement Savings Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 68. This plan is in the top 15% of plans for Company Generosity. Electrical Contractors, Inc. Retirement Savings Plan currently has over 200 active participants and over $13.0M in plan assets.

 

 Investment Menu Statistics

No. of Investment Options
31
Plan Average: 24
Top 3 Funds in this 401k
1. Wells Fargo Stable Value 20%
2. Dreyfus Bond Market Index 17%
3. American Funds Investment Company of America 8%

 Retirement Plan Details

Address 3510 Main Street
Hartford, CT 06120 
Industry Electrical Contractors and Other Wiring Installation Contractors
Administrator Louis J. Bona
Net Plan Assets $13,000,000
Total Participants 220
Avg Account Balance $61,000

  Plan Service Providers

Consultant Beneco Systems, LLC
Administration Beneco Systems, LLC
Recordkeeper Beneco Systems, LLC
Corporate Trustee Beneco Trust Company
Auditor Farber Hass Hurley, LLP

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