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Company:
IBEW Local No. 661
Plan:
IBEW Local #661 Retirement Plan
 

IBEW Local No. 661

60 Plan: IBEW Local #661 Retirement Plan

 
 
60
21
61
86
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 26 point difference between this plan's BrightScope Rating (60) and the top rated plan (86) could equate to:
[How is this calculated?]
12 additional years of work
Up to $173,200 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.

 

Retirement Plan Description

IBEW Local #661 Retirement Plan is a defined contribution plan. This plan has a BrightScope Rating of 60. This plan is in the top 15% of plans for Investment Menu Quality. IBEW Local #661 Retirement Plan currently has over 200 active participants and over $7.5M in plan assets.

 

 
Plan Component Ratings

 Retirement Plan Details

Address 427 N Main St
Hutchinson, KS 67501-4828 
Industry Electrical Contractors and Other Wiring Installation Contractors
Administrator David Woodard
Net Plan Assets $7,530,000
Total Participants 220
Avg Account Balance $34,000

 Compare Other Companies in Peer Group

Professional Electrical... 67.9
Standard Electric Supply Co. 66.7
APG Electric 65.2
American Alarm & Communications 62.8
Buist Electric Company 62.2
Republic Intelligent... 60.7

 Top 3 Funds in this 401k

1. Principal Money Market 13%
2. Principal Large Cap Blend II 13%
3. Principal Guaranteed Interest Account 12%

  Plan Service Providers

Insurance Carrier Principal Financial Group
Insurance Advisor/Broker Michael G. O'Bryhim
Administration Principal Financial Group
Administration Kansas Neca
Auditor Peterson, Peterson and Goss

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