I.B.E.W. Local 855 Money Purchase Pension Trust Fund
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Plan:
I.B.E.W. Local 855 Money Purchase Pension Plan
3
59
86
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 47 point difference between this plan's BrightScope Rating (39) and the top rated plan (86) could equate to:
[How is this calculated?]
[How is this calculated?]
22 additional years of work Up to $310,700 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 855 Money Purchase Pension Plan is a defined contribution plan. This plan has a BrightScope Rating of 39. This plan is in the top 15% of plans for Participation Rate. I.B.E.W. Local 855 Money Purchase Pension Plan currently has over 200 active participants and over $9.1M in plan assets.
Retirement Plan Details
| Address |
4601 S. Meeker Avenue
Muncie, IN 47302 |
| Industry | Electrical Contractors and Other Wiring Installation Contractors |
| Administrator | Jeff Rodeffer |
| Sponsor | Joseph Dietz |
| Net Plan Assets | $9,130,000 |
| Total Participants | 300 |
| Avg Account Balance | $31,000 |
Compare Other Companies in Peer Group
| McBride Electric | 64.4 |
| Hi-Tech Electric | 64.0 |
| The Farfield Company | 62.4 |
| Ludvik Electric | 61.5 |
| Moore's Electrical & Mechanical... | 61.0 |
| IBEW - 223 Deferred Income Plan | 49.3 |
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