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Company:
Asbestos Workers Local No. 87
Plan:
Asbestos Workers Local No. 87 Defined Contribution Pension Plan
 

Asbestos Workers Local No. 87

49 Plan: Asbestos Workers Local No. 87 Defined Contribution Pension Plan

 
 
49
6
56
86
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 37 point difference between this plan's BrightScope Rating (49) and the top rated plan (86) could equate to:
[How is this calculated?]
18 additional years of work
Up to $238,500 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

Asbestos Workers Local No. 87 Defined Contribution Pension Plan is a defined contribution plan with a profit-sharing component. This plan has a BrightScope Rating of 49. This plan is in the top 35% of plans for Participation Rate. Asbestos Workers Local No. 87 Defined Contribution Pension Plan currently has over 200 active participants and over $9.6M in plan assets.

 

 Retirement Plan Details

Address 497 North Krueger Ave.
New Braunfels, TX 78130 
Industry Construction
Administrator Tracy Gillis
Net Plan Assets $9,590,000
Total Participants 240
Avg Account Balance $41,000

 Top 3 Funds in this 401k

1. MFS Value 18%
2. American Funds Growth Fund of America 13%
3. Thornburg International Value 10%

  Plan Service Providers

Insurance Carrier Prudential
Insurance Carrier MassMutual
Insurance Advisor/Broker LPL Financial Corp.
Auditor Lockart, Atchley & Associates

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