Board of Trustees Annuity Fund of Heat and Frost Insulators Local 12

Form 5500 Data

Board of Trustees Annuity Fund of Heat and Frost Insulators Local 12

79
Form 5500 Data

Overview

Plan Rating

BrightScope Rating
79
Lowest Rating in Peer Group
Average Rating in Peer Group
Highest Rating in Peer Group
0102030405060708090100
Lowest in Peer Group (39)
Average in Peer Group (79)
Highest in Peer Group (91)

Plan Description

Annuity Fund of Heat and Frost Insulators Local 12 is a defined contribution plan. This plan has a BrightScope Rating of 79. This plan is in the top 15% of plans for Account Balances, Company Generosity, Participation Rate, and Total Plan Cost. Annuity Fund of Heat and Frost Insulators Local 12 currently has over 700 active participants and over $151.4M in plan assets.

Did you know?

For the average 401k participant, the 12 point difference between this plan's BrightScope Rating (79) and the top rated plan (91) could equate to:
9
Additional years of work
103,907
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 12/31/2017
Plan data has been audited by an Independent Qualified Public Accountant (IQPA).
Address 35-53 24th Street
  • Location
    Long Island City , NY
  • 11101-4208
  • Industry
    Finance and Insurance
  • Net Plan Assets
    $151,000,000
  • Total Participants
    740
  • Avg Account Balance
    $200,000

Plan Components

Component Ratings

Design

Total Plan Cost:
Lowest Fees
Company Generosity:
Great

Performance

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

Design

Total Plan Cost:
Low Fees
Company Generosity:
Great

Performance

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

Investment Menu Stats

# of Investment Options

34

(Plan Average: 20)

Largest Funds in this Plan Allocation of Assets 1 YR Rank in Category
New York Life Anchor Account 18%
N/A
MainStay MacKay S&P 500 Index 16%
42%
Total Other Debt Securities 15%
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
New York Life
Recordkeeper
John Hancock
Legal Counsel
Proskauer Rose LLP
Legal Counsel
Colleran O'Hara & Mills LLP
Investment Adviser
Reynolds Securities
Auditor
Schultheis Panettieri, LLP

Articles and Questions

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