Trustees of Local 400 Ibew Joint Annuity Fund
58
Plan:
Local Union 400 Ibew Joint Annuity Plan
3
59
81
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 23 point difference between this plan's BrightScope Rating (58) and the top rated plan (81) could equate to:
[How is this calculated?]
[How is this calculated?]
11 additional years of work Up to $161,600 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
Local Union 400 Ibew Joint Annuity Plan is a defined contribution plan. This plan has a BrightScope Rating of 58. This plan is in the top 15% of plans for Participation Rate and Total Plan Cost. Local Union 400 Ibew Joint Annuity Plan currently has over 1,900 active participants and over $108.4M in plan assets.
Retirement Plan Details
| Address |
Po Box 1028
West Trenton, NJ 08628-0230 |
| Industry | Electrical Contractors and Other Wiring Installation Contractors |
| Administrator | Peter Geronimo, Trustee |
| Sponsor | Michael Mckiever, Trustee |
| Net Plan Assets | $108,000,000 |
| Total Participants | 2,000 |
| Avg Account Balance | $57,000 |
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