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Company:
IBEW Local Union 129
Plan:
IBEW Local No. 129 Profit Sharing Annuity Plan
 

IBEW Local Union 129

57 Plan: IBEW Local No. 129 Profit Sharing Annuity Plan

 
 
57
33
71
87
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For the average 401k participant, the 30 point difference between this plan's BrightScope Rating (57) and the top rated plan (87) could equate to:
[How is this calculated?]
15 additional years of work
Up to $229,600 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 No. 129 Profit Sharing Annuity Plan is a defined contribution plan with a profit-sharing component. This plan has a BrightScope Rating of 57. This plan is in the top 35% of plans for Account Balances. IBEW Local No. 129 Profit Sharing Annuity Plan currently has over 300 active participants and over $16.8M in plan assets.

 

 Retirement Plan Details

Address 36964 Detroit Rd
Avon, OH 44011-1518 
Industry Finance and Insurance
Administrator Lou Grasso
Net Plan Assets $16,800,000
Total Participants 330
Avg Account Balance $51,000

 Top 3 Funds in this 401k

1. Fidelity Balanced 37%
2. Oppenheimer International Small Company 9%
3. Fidelity Managed Income Portfolio 7%

  Plan Service Providers

Administration Ibew Local 129 Benefit Funds
Auditor Alan Januzzi, CPA

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