Southern Electrical Retirement Fund Board of Trustees
55
Plan:
Southern Electrical Retirement Fund
21
74
88
0
10
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100
For the average 401k participant, the 33 point difference between this plan's BrightScope Rating (55) and the top rated plan (88) could equate to:
[How is this calculated?]
[How is this calculated?]
17 additional years of work Up to $201,000 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
Southern Electrical Retirement Fund is a defined contribution plan. This plan has a BrightScope Rating of 55. This plan is in the top 15% of plans for Participation Rate and Total Plan Cost. Southern Electrical Retirement Fund currently has over 20,900 active participants and over $724.0M in plan assets.
Retirement Plan Details
| Address |
3928 Volunteer Dr
Chattanooga, TN 37416 |
| Industry | Electrical Contractors and Other Wiring Installation Contractors |
| Administrator | Lanny Smith |
| Sponsor | Johnny Mack Nickles |
| Net Plan Assets | $724,000,000 |
| Total Participants | 21,000 |
| Avg Account Balance | $35,000 |
Compare Other Companies in Peer Group
Top 3 Funds in this 401k
| 1. | Total Common Stocks | 35% |
| 2. | Jackson National Sub-Advised Guaranteed Investment Contract | 10% |
| 3. | Total US Government Securities | 7% |
Plan Service Providers
| Insurance Carrier | MetLife |
| Insurance Carrier | Principal Financial Group |
| Insurance Carrier | The Hartford |
| Insurance Carrier | Jackson National Life |
| Administration | Southern Benefit Administrators |
| Legal Counsel | Branstetter, Kilgore, Stranch, & Je |
| Consultant | Southern Benefit Administrators |
| Auditor | Clack & Associates, Pc |
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