I.B.E.W. Local No. 540
55
Plan:
I.B.E.W. Local 540 Security Plan
21
62
86
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 31 point difference between this plan's BrightScope Rating (55) and the top rated plan (86) could equate to:
[How is this calculated?]
[How is this calculated?]
15 additional years of work Up to $192,400 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
I.B.E.W. Local 540 Security Plan is a defined contribution plan. This plan has a BrightScope Rating of 55. This plan is in the top 35% of plans for Company Generosity. I.B.E.W. Local 540 Security Plan currently has over 500 active participants and over $17.0M in plan assets.
Retirement Plan Details
| Address |
33 Fitch Boulevard
Austintown, OH 44515 |
| Industry | Electrical Contractors and Other Wiring Installation Contractors |
| Administrator | Philip Williams |
| Net Plan Assets | $17,000,000 |
| Total Participants | 560 |
| Avg Account Balance | $31,000 |
Compare Other Companies in Peer Group
| Joint Board of Trustees of IBEW... | 71.3 |
| Harbor Group | 66.9 |
| L & H Company | 58.7 |
| Tri-City Electrical Contractors | 54.4 |
| Local No 146/IBEW-Midstate | 43.8 |
| Danville Division, Chapter... | 39.5 |
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