Board of Trustees International Union of Operating Engineers Local 14-14B Annuity Fund
85
Plan:
International Union of Operating Engineers Local 14-14B Annuity Fund
39
72
87
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 2 point difference between this plan's BrightScope Rating (85) and the top rated plan (87) could equate to:
[How is this calculated?]
[How is this calculated?]
2 additional years of work Up to $12,400 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
International Union of Operating Engineers Local 14-14B Annuity Fund is a defined contribution plan with a profit-sharing component. This plan has a BrightScope Rating of 85, placing it in the top 15% of all plans in its peer group. This plan is also in the top 15% of plans for Account Balances, Company Generosity, Participation Rate, and Total Plan Cost. International Union of Operating Engineers Local 14-14B Annuity Fund currently has over 1,600 active participants and over $464.8M in plan assets.
Retirement Plan Details
| Address |
141-57 Northern Boulevard
Flushing, NY 11354-4238 |
| Industry | Finance and Insurance |
| Administrator | Carol Westfall |
| Net Plan Assets | $465,000,000 |
| Total Participants | 1,600 |
| Avg Account Balance | $280,000 |
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