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Company:
I.A.T.S.E. Local Union No 51
Plan:
I.A.T.S.E. Local Union No 51 Defined Contribution Pension Plan
 

I.A.T.S.E. Local Union No 51

35 Plan: I.A.T.S.E. Local Union No 51 Defined Contribution Pension Plan

 
 
35
30
54
82
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 47 point difference between this plan's BrightScope Rating (35) and the top rated plan (82) could equate to:
[How is this calculated?]
20 additional years of work
Up to $335,800 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

I.A.T.S.E. Local Union No 51 Defined Contribution Pension Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 35. I.A.T.S.E. Local Union No 51 Defined Contribution Pension Plan currently has over 1,600 active participants and over $11.4M in plan assets.

 

 Retirement Plan Details

Address P O Box 1453
Houston, TX 77251 
Industry Arts, Entertainment, and Recreation
Administrator Derwood J. Freitag
Net Plan Assets $11,400,000
Total Participants 1,600
Avg Account Balance $7,000

 Top 3 Funds in this 401k

1. MassMutual Guaranteed Interest Account 63%
2. MassMutual Select Destination Retirement 2020 6%
3. MassMutual Select Destination Retirement 2030 5%

  Plan Service Providers

Insurance Carrier MassMutual
Insurance Advisor/Broker TBS Agency, Inc.
Auditor Simonton & Kutac, LLP

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