Local 33 Profit Sharing Annuity Plan Board Of Trustees

Form 5500 Data

Local 33 Profit Sharing Annuity Plan Board Of Trustees

55

Overview

Plan Rating

BrightScope Rating
55
Lowest Rating in Peer Group
Average Rating in Peer Group
Highest Rating in Peer Group
0102030405060708090100
Lowest in Peer Group (32)
Average in Peer Group (66)
Highest in Peer Group (87)

Plan Description

Sheet Metal Workers' Local 33 Profit Sharing Annuity Plan is a defined contribution plan with a profit-sharing component. This plan has a BrightScope Rating of 55. This plan is in the top 35% of plans for Company Generosity. Sheet Metal Workers' Local 33 Profit Sharing Annuity Plan currently has over 3,500 active participants and over $84.7M in plan assets.

Did you know?

For the average 401k participant, the 32 point difference between this plan's BrightScope Rating (55) and the top rated plan (87) could equate to:
16
Additional years of work
173,011
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 12515 Corporate Drive
  • Location
    Parma , OH
  • 44130
  • Industry
    Construction
  • Administrator
    Mike Coleman
  • Sponsor
    Roger Gundlach
  • Net Plan Assets
    $84,700,000
  • Total Participants
    3,600
  • Avg Account Balance
    $27,000

Plan Components

Component Ratings

Design

Total Plan Cost:
Average Fees
Company Generosity:
Above Average

Performance

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

Design

Total Plan Cost:
Average Fees
Company Generosity:
Average

Performance

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

Top Industry Articles

Investments

Investment Menu Stats

# of Investment Options

27

(Plan Average: 20)

Largest Funds in this Plan Allocation of Assets 1 YR Rank in Category
American Century Investments One Choice 94%
N/A
MassMutual Guaranteed Interest Account 1%
N/A
MassMutual S&P 500 Index 0%
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
Investment Adviser
Morgan Stanley
Legal Counsel
Allotta Farley & Windman
Recordkeeper
MassMutual
Administration
Sheet Metal Workers Benefit Fund
Auditor
Rea & Associates, Inc.

Articles and Questions

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