Teamsters Union Local 653
42
Plan:
Teamsters Union Local 653 401k Plan
30
69
92
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 50 point difference between this plan's BrightScope Rating (42) and the top rated plan (92) could equate to:
[How is this calculated?]
[How is this calculated?]
25 additional years of work Up to $397,600 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
Teamsters Union Local 653 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 42. This plan is in the top 35% of plans for Total Plan Cost. Teamsters Union Local 653 401k Plan currently has over 900 active participants and over $1.3M in plan assets.
Retirement Plan Details
| Address |
4a Hampden Drive
South Easton, MA 02375-1158 |
| Industry | Other Services (except Public Administration) |
| Administrator | Michael Epstein |
| Net Plan Assets | $1,280,000 |
| Total Participants | 950 |
| Avg Account Balance | $1,300 |
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