Ironworkers Local 549/550 Security Plan Board of Trustees

Form 5500 Data

Ironworkers Local 549/550 Security Plan Board of Trustees

47
Form 5500 Data

Overview

Plan Rating

BrightScope Rating
47
Lowest Rating in Peer Group
Average Rating in Peer Group
Highest Rating in Peer Group
0102030405060708090100
Lowest in Peer Group (28)
Average in Peer Group (64)
Highest in Peer Group (87)

Plan Description

Ironworkers Local Union 549 and 550 Security Plan is a defined contribution plan with a profit-sharing component. This plan has a BrightScope Rating of 47. Ironworkers Local Union 549 and 550 Security Plan currently has over 2,500 active participants and over $30.3M in plan assets.

Did you know?

For the average 401k participant, the 40 point difference between this plan's BrightScope Rating (47) and the top rated plan (87) could equate to:
19
Additional years of work
285,412
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 3/31/2018
Plan data has been audited by an Independent Qualified Public Accountant (IQPA).
Address 60 Boulevard Of The Allies 5th Floor
  • Location
    Pittsburgh , PA
  • 15222
  • Industry
    Other Heavy and Civil Engineering Construction
  • Administrator
    Bengy Swanson
  • Sponsor
    William Sherer II
  • Net Plan Assets
    $30,300,000
  • Total Participants
    2,500
  • Avg Account Balance
    $19,000

Plan Components

Component Ratings

Design

Total Plan Cost:
Highest
Company Generosity:
Average

Performance

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

Design

Total Plan Cost:
Highest
Company Generosity:
Average

Performance

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

Investments

Investment Menu Stats

# of Investment Options

21

(Plan Average: 20)

Largest Funds in this Plan Allocation of Assets 1 YR Rank in Category
American Century Investments One Choice 42%
29%
Putnam Stable Value Fund 20%
N/A
PIMCO Total Return 10%
55%
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
Administration
Central Data Services, Inc.
Legal Counsel
Macala Baasten Mckinley Gore
Investment Adviser
The Segal Company (Rogerscasey)
Auditor
Bodkin, Wilson & Kozicki, PLLC

Articles and Questions

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