Teamsters Local Union 500 Severence Trust Fund Board of Trustees
60
Plan:
Teamsters Local Union 500 - Severance Trust Fund
39
67
91
0
10
20
30
40
50
60
70
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90
100
For the average 401k participant, the 31 point difference between this plan's BrightScope Rating (60) and the top rated plan (91) could equate to:
[How is this calculated?]
[How is this calculated?]
19 additional years of work Up to $126,400 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 Union 500 - Severance Trust Fund is a defined contribution plan with a profit-sharing component. This plan has a BrightScope Rating of 60. This plan is in the top 15% of plans for Company Generosity and Participation Rate. Teamsters Local Union 500 - Severance Trust Fund currently has over 1,800 active participants and over $56.8M in plan assets.
Retirement Plan Details
| Address |
27 Roland Road
Mount Laurel, NJ 08054-1038 |
| Industry | General Freight Trucking, Local |
| Administrator | James Kelly |
| Sponsor | Michael Heiner |
| Net Plan Assets | $56,800,000 |
| Total Participants | 1,800 |
| Avg Account Balance | $31,000 |
Compare Other Companies in Peer Group
| Savage Companies | 66.6 |
| North Park Transportation Company | 64.8 |
| Sirva | 60.4 |
| MME | 59.1 |
| Central Freight Lines | 54.4 |
| Wilson Trucking | 53.7 |
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