IBEW - 223 Deferred Income Plan
49
Plan:
IBEW Local 223 Deferred Income Plan
3
59
86
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 37 point difference between this plan's BrightScope Rating (49) and the top rated plan (86) could equate to:
[How is this calculated?]
[How is this calculated?]
18 additional years of work Up to $222,400 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
IBEW Local 223 Deferred Income Plan is a defined contribution plan. This plan has a BrightScope Rating of 49. This plan is in the top 15% of plans for Participation Rate. IBEW Local 223 Deferred Income Plan currently has over 400 active participants and over $9.5M in plan assets.
Retirement Plan Details
| Address |
Po Box 1238
Lakeville, MA 02347 |
| Industry | Electrical Contractors and Other Wiring Installation Contractors |
| Administrator | David Fenton |
| Net Plan Assets | $9,470,000 |
| Total Participants | 450 |
| Avg Account Balance | $22,000 |
Compare Other Companies in Peer Group
| McBride Electric | 64.4 |
| Hi-Tech Electric | 64.0 |
| Buist Electric Company | 63.0 |
| The Farfield Company | 62.4 |
| Moore's Electrical & Mechanical... | 61.0 |
| I.B.E.W. Local 855 Money Purchase... | 38.8 |
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