Laborers Local 157 Annuity Fund
42
Plan:
Laborers Local 157 Annuity Fund
26
62
90
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 48 point difference between this plan's BrightScope Rating (42) and the top rated plan (90) could equate to:
[How is this calculated?]
[How is this calculated?]
24 additional years of work Up to $286,100 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 157 Annuity Fund is a defined contribution plan. This plan has a BrightScope Rating of 42. This plan is in the top 15% of plans for Participation Rate. Laborers Local 157 Annuity Fund currently has over 800 active participants and over $7.7M in plan assets.
Retirement Plan Details
| Address |
105 Clinton Street
Schenectady, NY 12305-2001 |
| Industry | Labor Unions and Similar Labor Organizations |
| Administrator | Michael Brady |
| Net Plan Assets | $7,710,000 |
| Total Participants | 870 |
| Avg Account Balance | $9,300 |
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