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Company:
City Employees Union-Local 237-IBT AFL-CIO
Plan:
Teamsters Local 237 Savings and Investment Plan and Trust
 

City Employees Union-Local 237-IBT AFL-CIO

68 Plan: Teamsters Local 237 Savings and Investment Plan and Trust

 
 
68
11
58
87
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 19 point difference between this plan's BrightScope Rating (68) and the top rated plan (87) could equate to:
[How is this calculated?]
11 additional years of work
Up to $122,500 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

Teamsters Local 237 Savings and Investment Plan and Trust is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 68. This plan is in the top 15% of plans for Investment Menu Quality. Teamsters Local 237 Savings and Investment Plan and Trust currently has over 100 active participants and over $3.4M in plan assets.

 

 Investment Menu Statistics

No. of Investment Options
22
Plan Average: 24
Top 3 Funds in this 401k
1. American Funds Growth Fund of America 33%
2. AllianceBernstein Growth & Income 14%
3. Total Money Market Funds 10%

 
Plan Component Ratings

 Retirement Plan Details

Address 216 W 14th St
New York, NY 10011-7201 
Industry Other Services (except Public Administration)
Administrator Richard Hendershot
Sponsor Gregory Floyd
Net Plan Assets $3,410,000
Total Participants 110
Avg Account Balance $40,000

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  Plan Service Provider

Auditor Berdon, LLP

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