International Association of Heat and Frost Insulators and Allied Workers Local No. 3 of Cleveland

Form 5500 Data

International Association of Heat and Frost Insulators and Allied Workers Local No. 3 of Cleveland

82

Overview

Plan Rating

BrightScope Rating
82
Lowest Rating in Peer Group
Average Rating in Peer Group
Highest Rating in Peer Group
0102030405060708090100
Lowest in Peer Group (16)
Average in Peer Group (70)
Highest in Peer Group (88)

Plan Description

International Association of Heat and Frost Insulators & Allied Workers Local #3 Pension Plan is a defined contribution plan. This plan has a BrightScope Rating of 82, placing it in the top 15% of all plans in its peer group. This plan is also in the top 15% of plans for Account Balances, Company Generosity, and Participation Rate. International Association of Heat and Frost Insulators & Allied Workers Local #3 Pension Plan currently has over 100 active participants and over $20.7M in plan assets.

Did you know?

For the average 401k participant, the 6 point difference between this plan's BrightScope Rating (82) and the top rated plan (88) could equate to:
4
Additional years of work
3,494
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 33 Fitch Boulevard
  • Location
    Austintown , OH
  • 44515
  • Industry
    Labor Unions and Similar Labor Organizations
  • Administrator
    Jim Gallagher
  • Net Plan Assets
    $20,700,000
  • Total Participants
    170
  • Avg Account Balance
    $120,000

Plan Components

Component Ratings

Design

Total Plan Cost:
Highest
Company Generosity:
Great

Performance

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

Design

Total Plan Cost:
Highest
Company Generosity:
Great

Performance

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

Investment Menu Stats

# of Investment Options

13

(Plan Average: 20)

Largest Funds in this Plan Allocation of Assets 1 YR Rank in Category
Vanguard 500 Index 18%
18%
Western Asset Core Plus Bond 16%
4%
Transamerica Stable Pooled Fund 9%
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
Recordkeeper
Transamerica
Investment Adviser
Morgan Stanley
Legal Counsel
Kadish, Hinkel, & Weibel
Consultant
Insurance Partners Agency, Inc
Auditor
Barnes Wendling CPAs, LLC

Articles and Questions

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