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IBEW Local Union No. 102 Surety Plan Board of Trustees
Plan:
IBEW Local Union No. 102 Surety Plan
 

IBEW Local Union No. 102 Surety Plan Board of Trustees

66 Plan: IBEW Local Union No. 102 Surety Plan

 
 
66
21
61
86
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 20 point difference between this plan's BrightScope Rating (66) and the top rated plan (86) could equate to:
[How is this calculated?]
11 additional years of work
Up to $150,700 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

IBEW Local Union No. 102 Surety Plan is a defined contribution plan with a profit-sharing component. This plan has a BrightScope Rating of 66. This plan is in the top 15% of plans for Account Balances, Company Generosity, Participation Rate, and Total Plan Cost. IBEW Local Union No. 102 Surety Plan currently has over 4,000 active participants and over $342.2M in plan assets.

 

 Investment Menu Statistics

No. of Investment Options
12
Plan Average: 24
Top 3 Funds in this 401k
1. Prudential Guaranteed Long-Term Account 71%
2. Prudential IBEW Local 102 Balanced 5%
3. Prudential Large Value/LSV Asset Management 3%

 Retirement Plan Details

Address Po Box 5355
Parsippany, NJ 07054 
Industry Electrical Contractors and Other Wiring Installation Contractors
Administrator Bernie Corrigan
Sponsor James K Estabrook
Net Plan Assets $342,000,000
Total Participants 4,100
Avg Account Balance $84,000

  Plan Service Providers

Insurance Carrier Prudential
Legal Counsel Oransky, Scaraggi & Borg, P.C.
Investment Adviser Citigroup
Legal Counsel Timothy R. Hott, Pc
Administration I.E. Shaffer & Co
Auditor Shaughnessy Giella CPA Pc

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