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Company:
Unite Here
Plan:
H.E.R.E. International Union 401k Plan for its Officers & Employees
 

Unite Here

50 Plan: H.E.R.E. International Union 401k Plan for its Officers & Employees

 
 
50
23
72
90
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 40 point difference between this plan's BrightScope Rating (50) and the top rated plan (90) could equate to:
[How is this calculated?]
20 additional years of work
Up to $279,800 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

H.E.R.E. International Union 401k Plan for its Officers & Employees is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 50. This plan is in the top 35% of plans for Account Balances and Salary Deferral. H.E.R.E. International Union 401k Plan for its Officers & Employees currently has over 300 active participants and over $8.2M in plan assets.

 

 Investment Menu Statistics

No. of Investment Options
10
Plan Average: 24
Top 3 Funds in this 401k
1. Transamerica Partners Large Growth 22%
2. Transamerica Partners Balanced 15%
3. Transamerica Partners Inflation-Protected Securities 14%

 Retirement Plan Details

Address 275 7th Ave., Fl. 11
New York, NY 10001-6708 
Industry Labor Unions and Similar Labor Organizations
Administrator Sherri Chiesa
Net Plan Assets $8,160,000
Total Participants 320
Avg Account Balance $75,000

  Plan Service Providers

Insurance Carrier Transamerica
Auditor Novak Francella LLC

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