Sheet Metal Workers Local 63
60
Plan:
Sheet Metal Workers Local 63 Supplemental Annuity Plan
21
63
86
0
10
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30
40
50
60
70
80
90
100
For the average 401k participant, the 26 point difference between this plan's BrightScope Rating (60) and the top rated plan (86) could equate to:
[How is this calculated?]
[How is this calculated?]
14 additional years of work Up to $159,800 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
Sheet Metal Workers Local 63 Supplemental Annuity Plan is a defined contribution plan. This plan has a BrightScope Rating of 60. This plan is in the top 15% of plans for Account Balances and Company Generosity. Sheet Metal Workers Local 63 Supplemental Annuity Plan currently has over 500 active participants and over $41.6M in plan assets.
Retirement Plan Details
| Address |
32 Stevens Street
Springfield, MA 01104 |
| Industry | Construction |
| Administrator | Daniel Kleeberg |
| Sponsor | Michael Lafleur |
| Net Plan Assets | $41,600,000 |
| Total Participants | 530 |
| Avg Account Balance | $78,000 |
Compare Other Companies in Peer Group
| Sheet Metal Workers Local 27... | 68.7 |
| Board of Trustees of the Twin City... | 61.0 |
| A&A Ready Mixed Concrete | 58.3 |
| Southland Concrete | 50.1 |
| Hamlin Companies | 48.5 |
| Miller & Long Co. | 46.8 |
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