IBEW Local No. 229 Annuity Fund

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 (36)
Average in Peer Group (68)
Highest in Peer Group (87)

Plan Description

IBEW Local No. 229 Annuity Fund 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. IBEW Local No. 229 Annuity Fund currently has over 400 active participants and over $26.2M in plan assets.

Did you know?

For the average 401k participant, the 16 point difference between this plan's BrightScope Rating (71) and the top rated plan (87) could equate to:
9
Additional years of work
115,945
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 5/31/2017
Plan data has been audited by an Independent Qualified Public Accountant (IQPA).
Address 4785 Linglestown Road Suite 200
  • Location
    Harrisburg , PA
  • 17112
  • Industry
    Electrical Contractors and Other Wiring Installation Contractors
  • Net Plan Assets
    $26,200,000
  • Total Participants
    400
  • Avg Account Balance
    $68,000

Plan Components

Component Ratings

Design

Total Plan Cost:
Average Fees
Company Generosity:
Great

Performance

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

Design

Total Plan Cost:
High Fees
Company Generosity:
Great

Performance

Participation Rate:
Above Average
Salary Deferrals:
Poor
Account Balance:
Average
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Top Industry Articles

Investments

Investment Menu Stats

# of Investment Options

24

(Plan Average: 20)

Largest Funds in this Plan Allocation of Assets 1 YR Rank in Category
Vanguard Group Target Retirement 59%
32%
T. Rowe Price Capital Appreciation 8%
1%
Vanguard 500 Index 7%
18%
Fund hidden
100%
Fund hidden
100%
Fund hidden
100%
Fund hidden
100%
View all funds in this plan

Providers

Plan Service Providers

SERVICE PROVIDER
Recordkeeper
John Hancock
Administration
Path Administrators
Investment Adviser
Benefit Plans Administrative Service (BPAS)
Recordkeeper
Benefit Plans Administrative Service (BPAS)
Investment Adviser
CAPTRUST Financial Advisors
Legal Counsel
Charles Johnston
Auditor
Alan Ross & Company Pc

Articles and Questions

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