Board of Trustees - U.A. Local No. 614 Pension Plan

Form 5500 Data

Board of Trustees - U.A. Local No. 614 Pension Plan

65
Form 5500 Data

Overview

Plan Rating

BrightScope Rating
65
Lowest Rating in Peer Group
Average Rating in Peer Group
Highest Rating in Peer Group
0102030405060708090100
Lowest in Peer Group (4)
Average in Peer Group (63)
Highest in Peer Group (88)

Plan Description

U.A. Local Union No. 614 Pension Plan is a defined contribution plan. This plan has a BrightScope Rating of 65. This plan is in the top 15% of plans for Account Balances and Company Generosity. U.A. Local Union No. 614 Pension Plan currently has over 1,300 active participants and over $130.7M in plan assets.

Did you know?

For the average 401k participant, the 23 point difference between this plan's BrightScope Rating (65) and the top rated plan (88) could equate to:
13
Additional years of work
74,576
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 3/31/2020
Plan data has been audited by an Independent Qualified Public Accountant (IQPA).
Address 2001 Caldwell Drive
  • Location
    Goodlesttsville , TN
  • 37072
  • Industry
    Plumbing, Heating, and Air-Conditioning Contractors
  • Administrator
    Jeff Taylor
  • Sponsor
    David W. Sink Jr.
  • Net Plan Assets
    $131,000,000
  • Total Participants
    1,300
  • Avg Account Balance
    $120,000

Plan Components

Component Ratings

Design

Total Plan Cost:
Low Fees
Company Generosity:
Great

Performance

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

Design

Total Plan Cost:
Average Fees
Company Generosity:
Above Average

Performance

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

Top Industry Articles

Investments

Investment Menu Stats

# of Investment Options

33

(Plan Average: 20)

Largest Funds in this Plan Allocation of Assets 1 YR Rank in Category
Total Common Stocks 43%
N/A
Total US Government Securities 10%
N/A
Total Corporate Bonds 8%
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
Highland Capital Management, LLC
Administration
Southern Benefit Administrators
Consultant
Southern Benefit Administrators
Legal Counsel
Allen Godwin Morris Laurenzi
Recordkeeper
MassMutual
Auditor
Needles & Associates, LLC

Articles and Questions

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