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Company:
IBEW Local Union 654 Pension Fund Trustees
Plan:
IBEW Local Union 654 Defined Contribution Plan
 

IBEW Local Union 654 Pension Fund Trustees

68 Plan: IBEW Local Union 654 Defined Contribution Plan

 
 
68
21
63
86
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 18 point difference between this plan's BrightScope Rating (68) and the top rated plan (86) could equate to:
[How is this calculated?]
10 additional years of work
Up to $121,100 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 654 Defined Contribution Plan is a defined contribution plan. This plan has a BrightScope Rating of 68. This plan is in the top 15% of plans for Company Generosity and Participation Rate. IBEW Local Union 654 Defined Contribution Plan currently has over 700 active participants and over $54.0M in plan assets.

 

 Retirement Plan Details

Address 27 Roland Avenue
Mount Laurel, NJ 08054-1038 
Industry Electrical Contractors and Other Wiring Installation Contractors
Administrator William Adams
Net Plan Assets $54,000,000
Total Participants 720
Avg Account Balance $76,000

 Top 3 Funds in this 401k

1. Prudential Retirement Goal Income 33%
2. Prudential Guaranteed Income Fund 19%
3. Prudential Retirement Goal 2020 7%

  Plan Service Providers

Insurance Carrier Prudential
Administration Frank M. Vaccaro & Associates, Inc.
Investment Adviser Marco Consulting
Legal Counsel Fox Rothschild LLP
Legal Counsel Spear Wilderman, P.C.
Auditor Novak Francella LLC

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