I.B.E.W. Local 246 Retirement Plan Board of Trustees
50
Plan:
I.B.E.W. Local 246 Retirement Plan
4
58
84
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 34 point difference between this plan's BrightScope Rating (50) and the top rated plan (84) could equate to:
[How is this calculated?]
[How is this calculated?]
16 additional years of work Up to $173,900 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 246 Retirement Plan is a defined contribution plan with a profit-sharing component. This plan has a BrightScope Rating of 50. This plan is in the top 15% of plans for Participation Rate. I.B.E.W. Local 246 Retirement Plan currently has over 600 active participants and over $17.2M in plan assets.
Retirement Plan Details
| Address |
626 N 4th St
Steubenville, OH 43952-1957 |
| Industry | Electrical Contractors and Other Wiring Installation Contractors |
| Administrator | Ronald M. Komorowski, Jr. - V.P. |
| Sponsor | Anthony L. Shreve, Trustee |
| Net Plan Assets | $17,200,000 |
| Total Participants | 690 |
| Avg Account Balance | $26,000 |
Comments