Joint Board of Trustees of NECA-IBEW Local 1701 Pension Benefit Trust Fund
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Plan:
NECA-IBEW Local Union 1701 Pension Benefit Trust Fund
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70
85
0
10
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60
70
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100
For the average 401k participant, the 24 point difference between this plan's BrightScope Rating (61) and the top rated plan (85) could equate to:
[How is this calculated?]
[How is this calculated?]
13 additional years of work Up to $87,300 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
NECA-IBEW Local Union 1701 Pension Benefit Trust Fund is a defined contribution plan. This plan has a BrightScope Rating of 61. This plan is in the top 15% of plans for Participation Rate. NECA-IBEW Local Union 1701 Pension Benefit Trust Fund currently has over 300 active participants and over $23.2M in plan assets.
Retirement Plan Details
| Address |
2911 West Parrish Avenue
Owensboro, KY 42301-2694 |
| Industry | Finance and Insurance |
| Administrator | Kim Wood |
| Sponsor | Sonya Patrick |
| Net Plan Assets | $23,200,000 |
| Total Participants | 380 |
| Avg Account Balance | $61,000 |
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