Bd of Trustees Empire State Carpenters Annuity Fund
69
Plan:
Empire State Carpenters Annuity Fund
5
49
82
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 13 point difference between this plan's BrightScope Rating (69) and the top rated plan (82) could equate to:
[How is this calculated?]
[How is this calculated?]
7 additional years of work Up to $77,700 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
Empire State Carpenters Annuity Fund is a defined contribution plan with a profit-sharing component. This plan has a BrightScope Rating of 69, placing it in the top 15% of all plans in its peer group. This plan is also in the top 15% of plans for Company Generosity and Participation Rate. Empire State Carpenters Annuity Fund currently has over 8,200 active participants and over $413.9M in plan assets.
Retirement Plan Details
| Address |
270 Motor Pkwy
Hauppauge, NY 11788-5183 |
| Industry | Labor Unions and Similar Labor Organizations |
| Administrator | Union Trustee |
| Sponsor | Employer Trustee |
| Net Plan Assets | $414,000,000 |
| Total Participants | 8,200 |
| Avg Account Balance | $48,000 |
Compare Other Companies in Peer Group
Top 3 Funds in this 401k
| 1. | Total US Government Securities | 28% |
| 2. | Total Common Stocks | 25% |
| 3. | Income-Plus Investment Fund | 3% |
Plan Service Providers
| Insurance Carrier | New York Life |
| Insurance Carrier | Great American Life Insurance Company |
| Investment Adviser | Stacey Braun Associates |
| Legal Counsel | Meyer, Suozzi, English & Klein |
| Recordkeeper | basys |
| Investment Adviser | Investment Performance Services, LLC |
| Auditor | Novak Francella LLC |
| Legal Counsel | Archer, Byington, Glennon & Levine |
| Insurance Carrier | Jackson National Life |
| Insurance Carrier | Integrity Life Insurance Company |
| Insurance Carrier | Nationwide |
| Administration | Kathy Morin |
| Insurance Advisor/Broker | Richard Schmidt |
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