Board of Trustees Northeast Carpenters Annuity Fund

Form 5500 Data

Board of Trustees Northeast Carpenters Annuity Fund

66
Form 5500 Data

Overview

Plan Rating

BrightScope Rating
66
Lowest Rating in Peer Group
Average Rating in Peer Group
Highest Rating in Peer Group
0102030405060708090100
Lowest in Peer Group (33)
Average in Peer Group (74)
Highest in Peer Group (90)

Plan Description

Northeast Carpenters Annuity Fund is a defined contribution plan with a profit-sharing component. This plan has a BrightScope Rating of 66. This plan is in the top 15% of plans for Company Generosity, Participation Rate, and Total Plan Cost. Northeast Carpenters Annuity Fund currently has over 38,800 active participants and over $2.3B in plan assets.

Did you know?

For the average 401k participant, the 24 point difference between this plan's BrightScope Rating (66) and the top rated plan (90) could equate to:
14
Additional years of work
132,734
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 Plaza Ii, Raritan Ctr. Po Box 7818
  • Location
    Edison , NJ
  • 08818-7818
  • Industry
    Construction
  • Net Plan Assets
    $2,300,000,000
  • Total Participants
    39,000
  • Avg Account Balance
    $59,000

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:
Low Fees
Company Generosity:
Average

Performance

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

Top Industry Articles

Investments

Investment Menu Stats

# of Investment Options

42

(Plan Average: 20)

Largest Funds in this Plan Allocation of Assets 1 YR Rank in Category
Total Common Stocks 34%
N/A
Total Limited Partnerships 13%
N/A
Total Corporate Bonds 10%
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
MassMutual
Insurance Carrier
New York Life
Insurance Carrier
Prudential
Insurance Carrier
Union Labor Life Insurance Company
Investment Adviser
Investment Performance Svcs, LLC
Recordkeeper
MassMutual
Legal Counsel
Slevin & Hart
Legal Counsel
Mcaleese
Recordkeeper
Revolt Group, LLC
Legal Counsel
Kroll, Heinemann, Giblin
Consultant
Innovative Software Solutions Inc
Legal Counsel
Barnes, Iaccarino, Virginia, Ambinder & Shepherd
Recordkeeper
basys
Legal Counsel
Jj Pierson, Esq
Legal Counsel
Law Offices of Barry M. Bordetsky
Auditor
Schultheis Panettieri, 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?
Have a question about retirement plans?
Our community of registered financial advisors are standing by to share their experience.
Ask a question