Board of Trustees-Smart Local 265 Supp Ret Svgs Plan

Form 5500 Data

Board of Trustees-Smart Local 265 Supp Ret Svgs Plan

68
Form 5500 Data

Overview

Plan Rating

BrightScope Rating
68
Lowest Rating in Peer Group
Average Rating in Peer Group
Highest Rating in Peer Group
0102030405060708090100
Lowest in Peer Group (9)
Average in Peer Group (65)
Highest in Peer Group (90)

Plan Description

SMART Local 265 Supplemental Retirement Savings Plan is a defined contribution plan with a profit-sharing component. This plan has a BrightScope Rating of 68. This plan is in the top 15% of plans for Company Generosity, Participation Rate, and Total Plan Cost. SMART Local 265 Supplemental Retirement Savings Plan currently has over 2,500 active participants and over $217.4M in plan assets.

Did you know?

For the average 401k participant, the 22 point difference between this plan's BrightScope Rating (68) and the top rated plan (90) could equate to:
13
Additional years of work
145,960
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 5/31/2019
Plan data has been audited by an Independent Qualified Public Accountant (IQPA).
Address 205 Alexandra Way
  • Location
    Carol Stream , IL
  • 60188-2080
  • Industry
    Finance and Insurance
  • Net Plan Assets
    $217,000,000
  • Total Participants
    2,500
  • Avg Account Balance
    $86,000

Plan Components

Component Ratings

Design

Total Plan Cost:
Lowest Fees
Company Generosity:
Great

Performance

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

Design

Total Plan Cost:
Low Fees
Company Generosity:
Above Average

Performance

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

Top Industry Articles

Investments

Investment Menu Stats

# of Investment Options

9

(Plan Average: 20)

Largest Funds in this Plan Allocation of Assets 1 YR Rank in Category
Vanguard S&P 500 ETF 26%
19%
Morley Stable Value Fund 22%
N/A
MetWest Total Return Bond 20%
17%
Fund hidden
100%
Fund hidden
100%
Fund hidden
100%
Fund hidden
100%
View all funds in this plan

Providers

Plan Service Providers

SERVICE PROVIDER
Administration
Smw Local 265 Welfare Fund
Recordkeeper
John Hancock
Legal Counsel
Baum, Sigman, Etal
Consultant
The Segal Company (Rogerscasey)
Investment Adviser
Morgan Stanley
Auditor
Calibre CPA Group PLLC

Articles and Questions

Boeing Plan Report (Updated)

Boeing Fee Settlement Highlights the High Bar for Large Plans

Boeing Offers a Near Perfect Retirement Plan ModelIn most respects Boeing’s retirement offering is a great model of how to run a large retirement plan. Participants in Boeing’s 401(k) plan are beneficiaries of a participant-friendly design with immediate access, automatic enrollment, immediate ves

Why Do Investment Expenses Matter?
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