Mid-Jersey Trucking Industry Local 701 Pension Trust
60
Plan:
Mid-Jersey Trucking Industry & Teamsters Local 701 Defined Contribution Plan
26
60
90
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 30 point difference between this plan's BrightScope Rating (60) and the top rated plan (90) could equate to:
[How is this calculated?]
[How is this calculated?]
17 additional years of work Up to $112,900 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
Mid-Jersey Trucking Industry & Teamsters Local 701 Defined Contribution Plan is a defined contribution plan with a profit-sharing component. This plan has a BrightScope Rating of 60. This plan is in the top 15% of plans for Participation Rate. Mid-Jersey Trucking Industry & Teamsters Local 701 Defined Contribution Plan currently has over 300 active participants and over $4.2M in plan assets.
Retirement Plan Details
| Address |
2003 Us Route 130, Suite A
North Brunswick, NJ 08902 |
| Industry | General Freight Trucking, Local |
| Administrator | Giancarlo Prezioso |
| Net Plan Assets | $4,160,000 |
| Total Participants | 350 |
| Avg Account Balance | $12,000 |
Compare Other Companies in Peer Group
| Mauldin & Jenkins, LLC | 77.6 |
| Fredrikson & Byron PA | 77.5 |
| BNC Bancorp | 65.6 |
| Liberty Diversified Industries | 65.2 |
| KKE Architects | 61.0 |
| Board of Trustees Local 63 Defined... | 59.7 |
Comments