Southern New England Carpenters Annuity Plan

71
Form 5500 Data

Overview

Plan Rating

BrightScope Rating
71
Lowest Rating in Peer Group
Average Rating in Peer Group
Highest Rating in Peer Group
0102030405060708090100
Lowest in Peer Group (37)
Average in Peer Group (76)
Highest in Peer Group (89)

Plan Description

Southern New England Carpenters Annuity Plan is a defined contribution plan with a profit-sharing component. This plan has a BrightScope Rating of 71. This plan is in the top 15% of plans for Company Generosity, Participation Rate, and Total Plan Cost. Southern New England Carpenters Annuity Plan currently has over 14,200 active participants and over $547.4M in plan assets.

Did you know?

For the average 401k participant, the 18 point difference between this plan's BrightScope Rating (71) and the top rated plan (89) could equate to:
11
Additional years of work
110,603
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 10 Broadway
  • Location
    Hamden , CT
  • 06518-2614
  • Industry
    Construction
  • Net Plan Assets
    $547,000,000
  • Total Participants
    14,000
  • Avg Account Balance
    $38,000

Plan Components

Component Ratings

Design

Total Plan Cost:
Lowest Fees
Company Generosity:
Great

Performance

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

Design

Total Plan Cost:
High Fees
Company Generosity:
Above Average

Performance

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

Peer Group Plans

Company Rating
Lendlease Americas Holdings 83.4
D.R. Horton 77.3
McCarthy Holdings 76.7
KB Home 75.6
Austin Industries 64.2
Primoris Services 59.9

Top Industry Articles

Investments

Investment Menu Stats

# of Investment Options

19

(Plan Average: 20)

Largest Funds in this Plan Allocation of Assets 1 YR Rank in Category
BlackRock Intermediate Government/Credit Bond Index 18%
N/A
BlackRock Equity Index 16%
N/A
Total Limited Partnerships 12%
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
Union Labor Life Insurance Company
Administration
New England Carpenters Pension Plan
Recordkeeper
Palo Informatics LLC
Consultant
Palo Informatics LLC
Legal Counsel
Reid and Riege
Investment Adviser
Meketa Investment Group
Investment Adviser
JPMorgan
Corporate Trustee
BlackRock, Inc.
Investment Adviser
State Street Global Advisors
Auditor
Beers Hamerman Co.

Articles and Questions

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