Pipe Fitters Local Union No. 120 Annuity Fund

54
Form 5500 Data

Overview

Plan Rating

BrightScope Rating
54
Lowest Rating in Peer Group
Average Rating in Peer Group
Highest Rating in Peer Group
0102030405060708090100
Lowest in Peer Group (35)
Average in Peer Group (73)
Highest in Peer Group (88)

Plan Description

Pipe Fitters Local Union No. 120 Annuity Fund is a defined contribution plan. This plan has a BrightScope Rating of 54. This plan is in the top 15% of plans for Total Plan Cost. Pipe Fitters Local Union No. 120 Annuity Fund currently has over 1,400 active participants and over $57.9M in plan assets.

Did you know?

For the average 401k participant, the 34 point difference between this plan's BrightScope Rating (54) and the top rated plan (88) could equate to:
17
Additional years of work
247,554
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 12/31/2013
Plan data has been audited by an Independent Qualified Public Accountant (IQPA).
Address 6305 Halle Dr.
  • Location
    Cleveland , OH
  • 44125-4617
  • Industry
    Finance and Insurance
  • Administrator
    Neil Giering
  • Sponsor
    David Williams
  • Net Plan Assets
    $57,900,000
  • Total Participants
    1,400
  • Avg Account Balance
    $43,000

Plan Components

Component Ratings

Design

Total Plan Cost:
Lowest Fees
Company Generosity:
Average

Performance

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

Design

Total Plan Cost:
Lowest Fees
Company Generosity:
Average

Performance

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

Investment Menu Stats

# of Investment Options

16

(Plan Average: 20)

Largest Funds in this Plan Allocation of Assets 1 YR Rank in Category
Federated Capital Preservation Fund 38%
N/A
T. Rowe Price Retirement 17%
5%
Vanguard Institutional Index 12%
7%
Fund hidden
100%
Fund hidden
100%
Fund hidden
100%
Fund hidden
100%
View all funds in this plan

Providers

Plan Service Providers

SERVICE PROVIDER
Legal Counsel
Faulkner, Hoffman & Phillips, LLC
Auditor
Ciuni & Panichi

Articles and Questions