Trustees of Teamsters Local 408 Annuity Fund
47
Plan:
Teamsters Local 408 Annuity Fund
21
51
77
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 30 point difference between this plan's BrightScope Rating (47) and the top rated plan (77) could equate to:
[How is this calculated?]
[How is this calculated?]
14 additional years of work Up to $185,800 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
Teamsters Local 408 Annuity Fund is a defined contribution plan with a profit-sharing component. This plan has a BrightScope Rating of 47. This plan is in the top 15% of plans for Participation Rate. Teamsters Local 408 Annuity Fund currently has over 500 active participants and over $15.0M in plan assets.
Retirement Plan Details
| Address |
1907 Morris Avenue
Union, NJ 07083-3506 |
| Industry | General Freight Trucking, Local |
| Administrator | Giancarlo Prezioso |
| Net Plan Assets | $15,000,000 |
| Total Participants | 550 |
| Avg Account Balance | $28,000 |
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