National Electrical Annuity Plan
74
Plan:
Trustees of the National Electrical Annuity Plan
21
63
87
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 13 point difference between this plan's BrightScope Rating (74) and the top rated plan (87) could equate to:
[How is this calculated?]
[How is this calculated?]
8 additional years of work Up to $46,600 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
Trustees of the National Electrical Annuity Plan is a defined contribution plan. This plan has a BrightScope Rating of 74. This plan is in the top 15% of plans for Company Generosity, Participation Rate, and Total Plan Cost. Trustees of the National Electrical Annuity Plan currently has over 83,300 active participants and over $3.4B in plan assets.
Retirement Plan Details
| Address |
2400 Research Blvd., Suite 500
Rockville, MD 20850-3266 |
| Industry | Electrical Contractors and Other Wiring Installation Contractors |
| Administrator | Salvatore J. Chilia, Union Trustee |
| Sponsor | D.R. Borden, Jr., Employer Trustee |
| Net Plan Assets | $3,370,000,000 |
| Total Participants | 83,000 |
| Avg Account Balance | $38,000 |
Compare Other Companies in Peer Group
| Bechtel | 86.8 |
| Fluor | 81.1 |
| Board of Trustees of the Deferred... | 79.0 |
| Kellogg Brown & Root LLC | 76.7 |
| Board of Trustees Boilermakers... | 63.0 |
| Sprinkler Industry Supplemental... | 57.2 |
Top 3 Funds in this 401k
| 1. | IBEW-NECA Equity Index Fund | 33% |
| 2. | IBEW-NECA Stable Value Fund | 17% |
| 3. | Total Common Stocks | 11% |
Plan Service Providers
| Insurance Carrier | Prudential |
| Administration | National Electrical Benefit Fund |
| Investment Adviser | Marco Consulting |
| Legal Counsel | Potts-Dupre, Difede & Hawkins |
| Legal Counsel | Erman, Teicher, Miller, Zucker & Fr |
| Legal Counsel | Luper, Neidenthal & Logan |
| Legal Counsel | Sachs Waldman Pc |
| Auditor | Bond Beebe, P.C. |
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