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Company:
Alstom I.A.M Local 2741
Plan:
Alstom I.A.M Local 2741 401k Retirement Plan
 

Alstom I.A.M Local 2741

39 Plan: Alstom I.A.M Local 2741 401k Retirement Plan

 
 
39
30
72
88
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 49 point difference between this plan's BrightScope Rating (39) and the top rated plan (88) could equate to:
[How is this calculated?]
23 additional years of work
Up to $375,000 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

Alstom I.A.M Local 2741 401k Retirement Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 39. Alstom I.A.M Local 2741 401k Retirement Plan currently has over 800 active participants and over $3.9M in plan assets.

 

 
Plan Component Ratings

 Retirement Plan Details

Address 1 Transit Drive
Hornell, NY 14843-2268 
Industry Labor Unions and Similar Labor Organizations
Administrator Amy Chapman
Net Plan Assets $3,860,000
Total Participants 860
Avg Account Balance $4,500

 Compare Other Companies in Peer Group

Internationa Union SPFPA Local 127 71.7
Writers Guild of America, West 70.0
New York State United Teachers 69.8
Communication Workers of America,... 55.6
International Brotherhood of... 51.6
Unite Here 49.2

 Top 3 Funds in this 401k

1. American Funds Investment Company of America 22%
2. American Funds Growth Fund of America 16%
3. American Funds New Perspective 14%

  Plan Service Providers

Recordkeeper First Niagara Bank & Trust
Consultant First Niagara Bank & Trust
Auditor Insero & Company CPA's, Pc

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