IBEW Local 38 401k Retirement Plan
58
Plan:
IBEW Local 38 401k Retirement Plan
21
63
86
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 28 point difference between this plan's BrightScope Rating (58) and the top rated plan (86) could equate to:
[How is this calculated?]
[How is this calculated?]
14 additional years of work Up to $178,900 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
IBEW Local 38 401k Retirement Plan is a defined contribution plan with a 401k feature. This plan has a BrightScope Rating of 58. This plan is in the top 35% of plans for Account Balances, Participation Rate, and Total Plan Cost. IBEW Local 38 401k Retirement Plan currently has over 1,200 active participants and over $72.7M in plan assets.
Retirement Plan Details
| Address |
8001 Sweet Valley Drive
Valley View, OH 44125 |
| Industry | Electrical Contractors and Other Wiring Installation Contractors |
| Administrator | Walter O'Malley, Union Trustee |
| Sponsor | Thomas W. Shreves, Employer Trustee |
| Net Plan Assets | $72,700,000 |
| Total Participants | 1,300 |
| Avg Account Balance | $59,000 |
Compare Other Companies in Peer Group
| Crown Castle International | 78.8 |
| Faith Technologies | 74.4 |
| IBEW Local Union 14 | 71.4 |
| Green Bay Electrical Workers | 66.6 |
| Joint Board of Trustees of Local... | 63.1 |
| Integrated Electrical Services | 61.4 |
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