IBEW Local 1158 and the Passaic Valley Sewerage Commissioners

Form 5500 Data

IBEW Local 1158 and the Passaic Valley Sewerage Commissioners

45
Form 5500 Data

Overview

Plan Rating

BrightScope Rating
45
Lowest Rating in Peer Group
Average Rating in Peer Group
Highest Rating in Peer Group
0102030405060708090100
Lowest in Peer Group (34)
Average in Peer Group (57)
Highest in Peer Group (88)

Plan Description

IBEW Local 1158 Annuity Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 45. This plan is in the top 35% of plans for Participation Rate. IBEW Local 1158 Annuity Plan currently has over 500 active participants and over $4.8M in plan assets.

Did you know?

For the average 401k participant, the 43 point difference between this plan's BrightScope Rating (45) and the top rated plan (88) could equate to:
20
Additional years of work
226,900
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 12/31/2016
Plan data has been audited by an Independent Qualified Public Accountant (IQPA).
Address 600 Wilson Avenue
  • Location
    Newark , NJ
  • 07105
  • Industry
    Labor Unions and Similar Labor Organizations
  • Net Plan Assets
    $4,770,000
  • Total Participants
    580
  • Avg Account Balance
    $8,400

Plan Components

Component Ratings

Design

Total Plan Cost:
Highest
Company Generosity:
Average

Performance

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

Design

Total Plan Cost:
Highest
Company Generosity:
Average

Performance

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

Investment Menu Stats

# of Investment Options

17

(Plan Average: 20)

Largest Funds in this Plan Allocation of Assets 1 YR Rank in Category
Total Common Stocks 82%
N/A
Northern Trust Corporation Common Stock 9%
N/A
Fidelity Advisor New Insights 1%
71%
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
Voya Financial (ING)
Insurance Advisor/Broker
Morgan Stanley
Investment Adviser
Morgan Stanley
Administration
E.H. Thomson & Co., Inc.
Recordkeeper
E.H. Thomson & Co., Inc.
Auditor
Rosenberg, Rich, Baker, Berman & Co

Articles and Questions

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