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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

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

 
 
65
41
74
87
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 (65) and the top rated plan (87) could equate to:
[How is this calculated?]
12 additional years of work
Up to $186,700 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

Annuity Fund of the Electrical Industry of Long Island is a defined contribution plan. This plan has a BrightScope Rating of 65. 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 $293.6M in plan assets.

 

 Retirement Plan Details

Address 372 Vanderbilt Motor Parkway
Hauppauge, NY 11788-5133 
Industry Finance and Insurance
Administrator Vincent F. Panettieri
Net Plan Assets $294,000,000
Total Participants 3,000
Avg Account Balance $100,000

 Top 3 Funds in this 401k

1. IBEW-NECA Stable Value Fund 28%
2. Total Common Stocks 18%
3. Total Other Investments 6%

  Plan Service Providers

Legal Counsel Archer, Byington, Glennon & Levine
Recordkeeper Comspec Designs Inc.
Investment Adviser Marco Consulting
Auditor Schultheis & Panettieri LLP

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