Board of Trustees Electrical Workers Pension Fund - Part B

Form 5500 Data

Board of Trustees Electrical Workers Pension Fund - Part B

72

Overview

Plan Rating

BrightScope Rating
72
Lowest Rating in Peer Group
Average Rating in Peer Group
Highest Rating in Peer Group
0102030405060708090100
Lowest in Peer Group (19)
Average in Peer Group (69)
Highest in Peer Group (89)

Plan Description

Electrical Workers Pension Fund - Part “C” is a defined contribution plan with a profit-sharing component. This plan has a BrightScope Rating of 72. This plan is in the top 15% of plans for Account Balances, Company Generosity, and Participation Rate. Electrical Workers Pension Fund - Part “C” currently has over 300 active participants and over $60.0M in plan assets.

Did you know?

For the average 401k participant, the 17 point difference between this plan's BrightScope Rating (72) and the top rated plan (89) could equate to:
10
Additional years of work
96,127
Lost 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. How is this calculated?

Plan Details

Plan Details Relevant details about the plan and the plan sponsor, including the address and industry of the plan sponsor and the size of the plan in assets and participants.

 
Plan data accurate as of 12/31/2019
Plan data has been audited by an Independent Qualified Public Accountant (IQPA).
Address 2002 London Road, Room 300
  • Location
    Duluth , MN
  • 55812-2144
  • Industry
    Electrical Contractors and Other Wiring Installation Contractors
  • Administrator
    Matthew Loberg
  • Sponsor
    David Orman
  • Net Plan Assets
    $60,000,000
  • Total Participants
    400
  • Avg Account Balance
    $150,000

Plan Components

Component Ratings

Design

Total Plan Cost:
Low Fees
Company Generosity:
Great

Performance

Participation Rate:
Great
Salary Deferrals:
Poor
Account Balance:
Great

Design

Total Plan Cost:
Average Fees
Company Generosity:
Great

Performance

Participation Rate:
Great
Salary Deferrals:
Poor
Account Balance:
Great

Top Industry Articles

Investments

Investment Menu Stats

# of Investment Options

28

(Plan Average: 20)

Largest Funds in this Plan Allocation of Assets 1 YR Rank in Category
Transamerica Partners Core Bond 15%
N/A
Transamerica Partners Stock Index 12%
N/A
American Funds EuroPacific Growth 9%
16%
Fund hidden
100%
Fund hidden
100%
Fund hidden
100%
Fund hidden
100%
View all funds in this plan

Providers

Plan Service Providers

SERVICE PROVIDER
Administration
Milliman, Inc.
Recordkeeper
Milliman, Inc.
Recordkeeper
Transamerica
Administration
Wilson Mcshane Corp
Investment Adviser
Resources Investment Advisors, Inc.
Auditor
Legacy Professionals, LLP

Articles and Questions

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