I.B.E.W. Local 64 Profit Sharing Plan Joint Board of Trustees
58
Plan:
I.B.E.W. Local Union No. 64 Profit Sharing Plan and Trust
11
59
82
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 24 point difference between this plan's BrightScope Rating (58) and the top rated plan (82) could equate to:
[How is this calculated?]
[How is this calculated?]
12 additional years of work Up to $109,500 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 Union No. 64 Profit Sharing Plan and Trust is a defined contribution plan. This plan has a BrightScope Rating of 58. This plan is in the top 35% of plans for Company Generosity, Investment Menu Quality, Participation Rate, and Total Plan Cost. I.B.E.W. Local Union No. 64 Profit Sharing Plan and Trust currently has over 500 active participants and over $18.6M in plan assets.
Retirement Plan Details
| Address |
33 Fitch Blvd
Youngstown, OH 44515-2202 |
| Industry | Electrical Contractors and Other Wiring Installation Contractors |
| Administrator | James D Burgham |
| Sponsor | Thomas J. Travers |
| Net Plan Assets | $18,600,000 |
| Total Participants | 570 |
| Avg Account Balance | $33,000 |
Compare Other Companies in Peer Group
| The Tri-M Group, LLC. | 70.4 |
| Joint Board of Trustees of IBEW... | 69.9 |
| Pieper Electric | 66.7 |
| IBEW 143 Benefit Funds | 66.6 |
| Interstate Electrical Services | 65.4 |
| Board of Trustees, Central... | 57.7 |
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