Overview

Plan Rating

BrightScope Rating
33
Lowest Rating in Peer Group
Average Rating in Peer Group
Highest Rating in Peer Group
0102030405060708090100
Lowest in Peer Group (13)
Average in Peer Group (56)
Highest in Peer Group (88)

Plan Description

The Center Bargaining Unit Retirement Plan is a defined contribution plan. This plan has a BrightScope Rating of 33. This plan is in the top 15% of plans for Participation Rate. The Center Bargaining Unit Retirement Plan currently has over 100 active participants and over $5.3M in plan assets.

Did you know?

For the average 401k participant, the 55 point difference between this plan's BrightScope Rating (33) and the top rated plan (88) could equate to:
26
Additional years of work
370,570
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 12/31/2018
Plan data has been audited by an Independent Qualified Public Accountant (IQPA).
Address 6610 N Clark St
  • Location
    Chicago , IL
  • 60626
  • Industry
    Vocational Rehabilitation Services
  • Administrator
    Rebecca Clark
  • Net Plan Assets
    $5,320,000
  • Total Participants
    170
  • Avg Account Balance
    $32,000

Plan Components

Component Ratings

Design

Total Plan Cost:
Low Fees
Company Generosity:
Poor

Performance

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

Design

Total Plan Cost:
Lowest Fees
Company Generosity:
Below Avg.

Performance

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

Top Industry Articles

Investments

Investment Menu Stats

# of Investment Options

55

(Plan Average: 20)

Largest Funds in this Plan Allocation of Assets 1 YR Rank in Category
VALIC Fixed Account Plus 66%
N/A
VALIC I Stock Index 8%
N/A
VALIC I Mid Cap Index 3%
N/A
Fund hidden
100%
Fund hidden
100%
Fund hidden
100%
Fund hidden
100%
View all funds in this plan

Providers

Plan Service Providers

SERVICE PROVIDER
Insurance Carrier
Variavle Annuity Life Insurance Co
Insurance Advisor/Broker
Reginald B Suggs
Insurance Advisor/Broker
Martin F Garcia
Insurance Advisor/Broker
David Jared Oulvey
Investment Adviser
Valic
Auditor
BDO Seidman, LLP

Articles and Questions

Boeing Plan Report (Updated)

Boeing Fee Settlement Highlights the High Bar for Large Plans

Boeing Offers a Near Perfect Retirement Plan ModelIn most respects Boeing’s retirement offering is a great model of how to run a large retirement plan. Participants in Boeing’s 401(k) plan are beneficiaries of a participant-friendly design with immediate access, automatic enrollment, immediate ves

Why Do Investment Expenses Matter?
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