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Company:
Board of Trustees of the Annuity Fund of the Electrical Industry of Long Island
Plan:
Annuity Fund of the Electrical Industry of Long Island
 

Board of Trustees of the Annuity Fund of the Electrical Industry of Long Island

66 Plan: Annuity Fund of the Electrical Industry of Long Island

 
 
66
39
75
90
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 24 point difference between this plan's BrightScope Rating (66) and the top rated plan (90) could equate to:
[How is this calculated?]
15 additional years of work
Up to $140,200 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

Annuity Fund of the Electrical Industry of Long Island is a defined contribution plan. This plan has a BrightScope Rating of 66. This plan is in the top 15% of plans for Account Balances, Participation Rate, and Total Plan Cost. Annuity Fund of the Electrical Industry of Long Island currently has over 2,900 active participants and over $295.3M in plan assets.

 

 Investment Menu Statistics

No. of Investment Options
20
Plan Average: 24
Largest Funds in this 401k: based on % allocation of assets
1. IBEW-NECA Stable Value Fund 29%
2. Total Common Stocks 16%
3. Total Other Investments 6%

 Retirement Plan Details

Address 372 Vanderbilt Motor Parkway
Hauppauge, NY 11788-5133 
Industry Finance and Insurance
Administrator Vincent F. Panettieri
Net Plan Assets $295,000,000
Total Participants 2,900
Avg Account Balance $100,000

  Plan Service Providers

Investment Adviser Marco Consulting
Legal Counsel Archer, Byington, Glennon & Levine
Auditor Schultheis & Panettieri LLP

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