INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS LOCAL UNION #11
Retirement Plan Detail
Retirement Plan Ranking
Retirement Plan:
Savings Plan For Employees Of Local #11 Of The International Brotherhood Of Electrical Workers
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Plan Benchmark
Disclaimer: Ratings are based on firm-provided, independently audited data and reflect Mployer Advisor's opinion. They are not financial or legal advice and should be one of many factors considered when evaluating a retirement plan.
$0
Avg Employer Contribution per Person per Year
Laggard
Moderate
Plan Design
Competitive
Not EE Friendly
Admin Fees as a % of Total Assets
Laggard
14%
1 Year Return
Top Benefits
Peer Group
Size
50-99 employees
Region
Pacific Coast
Industry
Construction
Employer & Employee Contribution
Factors like longer employee tenure and more generous match rates result in higher contributions.
Average Employer Contribution
Employer
Cohort
Average Employee Contribution
Employee
Cohort
Plan Details
Plan name
Savings Plan For Employees Of Local #11 Of The International Brotherhood Of Electrical Workers
Plan type
401k
Plan start date
01/01/1983
Plan assets
$6,157,652
Participation Rate
91.04 %
Loan %
1.62 %
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Key Plan Features
Each employer retirement plan is unique with different features that can benefit employees.
Loans
Yes
Self-directed
No
Auto-Enroll
No
Vesting Requirements
No
Returns
The below return percentage is an approximate one-year return. Specific employee start date's and other factors can shift the percentage up or down.
Average Returns
Employer
Cohort
Administrative Fees
Retirement plans pays fees each year to advisors and other vendors. This shows how your fees compare to like plans both as a percent of total and overall.
Administration Fees $
Employer
Cohort
Administrative Fees %
Employer
Cohort
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