IBEW Local 827
68
Plan:
23
72
89
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 21 point difference between this plan's BrightScope Rating (68) and the top rated plan (89) could equate to:
[How is this calculated?]
[How is this calculated?]
14 additional years of work Up to $68,800 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
International Brotherhood of Electrical Workers Local Unions Savings & Security Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 68. This plan is in the top 15% of plans for Account Balances and Participation Rate. International Brotherhood of Electrical Workers Local Unions Savings & Security Plan currently has over 3,600 active participants and over $406.7M in plan assets.
Retirement Plan Details
| Address |
263 Ward Street
East Windsor, NJ 08520 |
| Industry | Labor Unions and Similar Labor Organizations |
| Administrator | Denis Cardone |
| Net Plan Assets | $407,000,000 |
| Total Participants | 3,600 |
| Avg Account Balance | $110,000 |
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