Board of Trustees Local 8A-28A 401k Retirement Fund
40
Plan:
Local 8A-28A 401k Retirement Fund
40
4
59
87
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 (40) and the top rated plan (87) could equate to:
[How is this calculated?]
23 additional years of work
Up to $290,200 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.
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Retirement Plan Description
Local 8A-28A 401k Retirement Fund is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 40. This plan is in the top 15% of plans for Investment Menu Quality and Participation Rate. Local 8A-28A 401k Retirement Fund currently has over 1,400 active participants and over $44.0M in plan assets.
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