Operating Engineers Local 825 Annuity Fund
64
Plan:
Operating Engineers Local 825 Annuity Fund
4
58
84
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 (64) and the top rated plan (84) could equate to:
[How is this calculated?]
[How is this calculated?]
12 additional years of work Up to $86,800 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
Operating Engineers Local 825 Annuity Fund is a defined contribution plan with a profit-sharing component. This plan has a BrightScope Rating of 64. This plan is in the top 15% of plans for Company Generosity, Participation Rate, and Total Plan Cost. Operating Engineers Local 825 Annuity Fund currently has over 9,500 active participants and over $614.8M in plan assets.
Retirement Plan Details
| Address |
65 Springfield Ave
Springfield, NJ 07081-1308 |
| Industry | Other Heavy and Civil Engineering Construction |
| Administrator | Christine Merich |
| Sponsor | Daniel Mcgrew |
| Net Plan Assets | $615,000,000 |
| Total Participants | 9,500 |
| Avg Account Balance | $66,000 |
Compare Other Companies in Peer Group
| District Council Iron Workers of... | 64.7 |
| Board of Trustees, Southern... | 63.3 |
| Board of Trustees NW Ohio Carp, Mw... | 61.0 |
| Trustees of IBEW Local Union No.... | 60.6 |
| Tarco | 60.6 |
| Pride Industries | 47.3 |
Comments