Board of Trustees 1298 Annuity Fund
60
Plan:
Laborers Local 1298 of Nassau & Suffolk Counties Annuity Fund
5
49
82
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 22 point difference between this plan's BrightScope Rating (60) and the top rated plan (82) could equate to:
[How is this calculated?]
[How is this calculated?]
11 additional years of work Up to $151,700 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
Laborers Local 1298 of Nassau & Suffolk Counties Annuity Fund is a defined contribution plan. This plan has a BrightScope Rating of 60. This plan is in the top 35% of plans for Investment Menu Quality and Total Plan Cost. Laborers Local 1298 of Nassau & Suffolk Counties Annuity Fund currently has over 2,400 active participants and over $109.8M in plan assets.
Retirement Plan Details
| Address |
Po Box 309
Hempstead, NY 11551-0309 |
| Industry | Labor Unions and Similar Labor Organizations |
| Net Plan Assets | $110,000,000 |
| Total Participants | 2,500 |
| Avg Account Balance | $44,000 |
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