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Board of Trustees IBEW Local 613 & Contributing Employers Defined Contribution Pension Plan
Plan:
IBEW Local 613 & Contributing Employers Defined Contribution Pension Plan
 

Board of Trustees IBEW Local 613 & Contributing Employers Defined Contribution Pension Plan

62 Plan: IBEW Local 613 & Contributing Employers Defined Contribution Pension Plan

 
 
62
15
62
85
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 23 point difference between this plan's BrightScope Rating (62) and the top rated plan (85) could equate to:
[How is this calculated?]
12 additional years of work
Up to $158,200 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 613 & Contributing Employers Defined Contribution Pension Plan is a defined contribution plan. This plan has a BrightScope Rating of 62. This plan is in the top 15% of plans for Total Plan Cost. IBEW Local 613 & Contributing Employers Defined Contribution Pension Plan currently has over 4,600 active participants and over $287.6M in plan assets.

 

 Investment Menu Statistics

No. of Investment Options
32
Plan Average: 24
Top 3 Funds in this 401k
1. Vanguard LifeStrategy Conservative Growth 47%
2. Vanguard PRIMECAP 7%
3. Vanguard 500 Index 6%

 Retirement Plan Details

Address 2187 Northlake Parkway, Ste 106
Tucker, GA 30084 
Industry Electrical Contractors and Other Wiring Installation Contractors
Administrator Gene O Kelley
Net Plan Assets $288,000,000
Total Participants 4,700
Avg Account Balance $67,000

  Plan Service Providers

Administration Administrative Services, Inc.
Legal Counsel Parker Hudson
Auditor Dennis G. Jenkins

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