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IBEW Local 16 AFL-CIO Multi-Employer Pension Plan
Plan:
IBEW Local 16 AFL-CIO Multi-Employer Pension Plan
 

IBEW Local 16 AFL-CIO Multi-Employer Pension Plan

69 Plan: IBEW Local 16 AFL-CIO Multi-Employer Pension Plan

 
 
69
21
72
87
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 18 point difference between this plan's BrightScope Rating (69) and the top rated plan (87) could equate to:
[How is this calculated?]
10 additional years of work
Up to $110,400 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 16 AFL-CIO Multi-Employer Pension Plan is a defined contribution plan. This plan has a BrightScope Rating of 69. This plan is in the top 15% of plans for Account Balances and Company Generosity. IBEW Local 16 AFL-CIO Multi-Employer Pension Plan currently has over 1,600 active participants and over $136.2M in plan assets.

 

 Retirement Plan Details

Address P.O. Box 1449
Goodlettsville, TN 37070-1449 
Industry Electrical Contractors and Other Wiring Installation Contractors
Administrator Doug Irwin
Net Plan Assets $136,000,000
Total Participants 1,600
Avg Account Balance $86,000

 Top 3 Funds in this 401k

1. Oakmark Equity & Income 13%
2. Victory Diversified Stock 13%
3. Putnam Stable Value Fund 12%

  Plan Service Providers

Administration Southern Benefit Administrators
Consultant Southern Benefit Administrators
Legal Counsel Berger & Berger
Investment Adviser Standard Valuations, Inc.
Recordkeeper Putnam Investments
Recordkeeper Mercer
Auditor Daniels Irwin & Aylor

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