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Company:
Board of Trustees Local 701 Retirement Savings Fund
Plan:
IBEW Local 701 Retirement Savings Fund
 

Board of Trustees Local 701 Retirement Savings Fund

68 Plan: IBEW Local 701 Retirement Savings Fund

 
 
68
26
63
88
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 20 point difference between this plan's BrightScope Rating (68) and the top rated plan (88) could equate to:
[How is this calculated?]
11 additional years of work
Up to $166,800 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 701 Retirement Savings Fund is a defined contribution plan. This plan has a BrightScope Rating of 68. This plan is in the top 15% of plans for Company Generosity and Participation Rate. IBEW Local 701 Retirement Savings Fund currently has over 2,600 active participants and over $172.0M in plan assets.

 

 Investment Menu Statistics

No. of Investment Options
21
Plan Average: 24
Top 3 Funds in this 401k
1. Prudential Stable Value 51%
2. Prudential Retirement Goal 2030 7%
3. Prudential Retirement Goal 2040 6%

 Retirement Plan Details

Address 28600 Bella Vista Pkway-Suite 1110
Warrenville, IL 60555 
Industry Finance and Insurance
Administrator Catherine Wenskus
Net Plan Assets $172,000,000
Total Participants 2,600
Avg Account Balance $65,000

  Plan Service Providers

Insurance Carrier Prudential
Legal Counsel Arnold & Kadjan
Investment Adviser Marquette Associates, Inc.
Auditor Levinson Simon & Sprung

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