International Brotherhood of Electrical Workers Local 300-Unit 7
58
Plan:
I.B.E.W. Local 300 - Unit 7 Pension Plan
4
58
84
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 26 point difference between this plan's BrightScope Rating (58) and the top rated plan (84) could equate to:
[How is this calculated?]
[How is this calculated?]
13 additional years of work Up to $135,700 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.B.E.W. Local 300 - Unit 7 Pension Plan is a defined contribution plan. This plan has a BrightScope Rating of 58. This plan is in the top 15% of plans for Company Generosity, Investment Menu Quality, and Participation Rate. I.B.E.W. Local 300 - Unit 7 Pension Plan currently has over 400 active participants and over $20.1M in plan assets.
Retirement Plan Details
| Address |
3 Gregory Dr
South Burlington, VT 05403-6061 |
| Industry | Electrical Contractors and Other Wiring Installation Contractors |
| Administrator | George H Clain |
| Sponsor | Kenneth Douglas |
| Net Plan Assets | $20,100,000 |
| Total Participants | 450 |
| Avg Account Balance | $43,000 |
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