La Plata Electric Association, Inc.
83
Plan:
La Plata Electric Association, Inc. Retirement Savings Plan
36
77
93
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 10 point difference between this plan's BrightScope Rating (83) and the top rated plan (93) could equate to:
[How is this calculated?]
[How is this calculated?]
9 additional years of work Up to $9,000 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
La Plata Electric Association, Inc. Retirement Savings Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 83, placing it in the top 15% of all plans in its peer group. This plan is also in the top 15% of plans for Account Balances, Company Generosity, Participation Rate, and Salary Deferral. La Plata Electric Association, Inc. Retirement Savings Plan currently has over 100 active participants and over $25.6M in plan assets.
Retirement Plan Details
| Address |
P.O. Box 2750
Durango, CO 81302-2750 |
| Industry | Utilities |
| Administrator | Linda Looman |
| Sponsor | Dennis Svanes |
| Net Plan Assets | $25,600,000 |
| Total Participants | 140 |
| Avg Account Balance | $180,000 |
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