Board of Trustees General Building Laborers' Local 66 Annuity Fund

Form 5500 Data

Board of Trustees General Building Laborers' Local 66 Annuity Fund

53
Form 5500 Data

Overview

Plan Rating

BrightScope Rating
53
Lowest Rating in Peer Group
Average Rating in Peer Group
Highest Rating in Peer Group
0102030405060708090100
Lowest in Peer Group (14)
Average in Peer Group (70)
Highest in Peer Group (88)

Plan Description

General Building Laborers' Local 66 Annuity Fund is a defined contribution plan with a profit-sharing component. This plan has a BrightScope Rating of 53. This plan is in the top 15% of plans for Participation Rate. General Building Laborers' Local 66 Annuity Fund currently has over 2,300 active participants and over $93.7M in plan assets.

Did you know?

For the average 401k participant, the 35 point difference between this plan's BrightScope Rating (53) and the top rated plan (88) could equate to:
17
Additional years of work
266,665
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 6/30/2018
Plan data has been audited by an Independent Qualified Public Accountant (IQPA).
Address 1600 Walt Whitman Road
  • Location
    Melville , NY
  • 11747-0667
  • Industry
    Finance and Insurance
  • Net Plan Assets
    $93,700,000
  • Total Participants
    2,300
  • Avg Account Balance
    $40,000

Plan Components

Component Ratings

Design

Total Plan Cost:
Average Fees
Company Generosity:
Above Average

Performance

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

Design

Total Plan Cost:
Average Fees
Company Generosity:
Average

Performance

Participation Rate:
Great
Salary Deferrals:
Poor
Account Balance:
Below Avg.
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Top Industry Articles

Investments

Investment Menu Stats

# of Investment Options

8

(Plan Average: 20)

Largest Funds in this Plan Allocation of Assets 1 YR Rank in Category
State Street S&P 500 Flagship 39%
N/A
Total US Government Securities 27%
N/A
Total Corporate Bonds 17%
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
Insurance Advisor/Broker
Union Labor Life Insurance Company
Investment Adviser
Dahab Associates, Inc
Consultant
High Level Technologies Inc
Recordkeeper
Innovative Software Solutions Inc
Legal Counsel
Lavelle Law & Associates Pc
Legal Counsel
Proskauer Rose LLP
Auditor
Schultheis Panettieri, LLP

Articles and Questions

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