Board of Trustees of IBEW Local No. 461 Defined Contribution Pension Plan
74
Plan:
9
68
86
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 12 point difference between this plan's BrightScope Rating (74) and the top rated plan (86) could equate to:
[How is this calculated?]
[How is this calculated?]
7 additional years of work Up to $99,600 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. 461 Defined Contribution Pension Plan is a defined contribution plan. This plan has a BrightScope Rating of 74. This plan is in the top 15% of plans for Account Balances, Company Generosity, and Participation Rate. IBEW Local No. 461 Defined Contribution Pension Plan currently has over 400 active participants and over $72.1M in plan assets.
Retirement Plan Details
| Address |
6525 Centurion Drive
Lansing, MI 48917 |
| Industry | Labor Unions and Similar Labor Organizations |
| Administrator | Joel Pyle II |
| Net Plan Assets | $72,100,000 |
| Total Participants | 450 |
| Avg Account Balance | $160,000 |
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