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IBEW Local 712 - Profit Sharing Plan
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IBEW Local 712 - Profit Sharing Plan
 

IBEW Local 712 - Profit Sharing Plan

63 Plan: IBEW Local 712 - Profit Sharing Plan

 
 
63
33
71
87
0
10
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30
40
50
60
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100
For the average 401k participant, the 24 point difference between this plan's BrightScope Rating (63) and the top rated plan (87) could equate to:
[How is this calculated?]
13 additional years of work
Up to $143,600 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 712 - Profit Sharing Plan is a defined contribution plan with a profit-sharing component. This plan has a BrightScope Rating of 63. This plan is in the top 15% of plans for Participation Rate and Total Plan Cost. IBEW Local 712 - Profit Sharing Plan currently has over 600 active participants and over $44.5M in plan assets.

 

 Retirement Plan Details

Address P.O. Box 248 Sassafras Lane
Beaver, PA 15009 
Industry Finance and Insurance
Administrator Frank E. Telesz Jr.
Net Plan Assets $44,500,000
Total Participants 600
Avg Account Balance $75,000

 Top 3 Funds in this 401k

1. Prudential Guaranteed Income Fund 37%
2. IBEW-NECA Equity Index Fund 26%
3. Prudential Core Bond Enhanced Index 8%

  Plan Service Providers

Insurance Carrier Prudential
Insurance Carrier Peter J Zikos Agency
Insurance Advisor/Broker Peter J Zikos Agency
Legal Counsel Jubelirer, Pass & Intrieri, P.C.
Administration UBM
Auditor Hill, Barth & King, LLC

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