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BD OF TRUSTEES FOR ELECTRICAL WKRS LOC NO. 26 INDIVIDUAL ACCOUNT FUND

Lanham, Maryland
201-500 employees
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Retirement Plan Detail

Retirement Plan Ranking

Retirement Plan:
Board Of Electrical Workers Local #26 I.A. Individual Account Plan
This plan lags significantly behind industry standards, which can hurt recruitment efforts and lead to higher employee turnover.
BD OF TRUSTEES FOR ELECTRICAL WKRS LOC NO. 26 INDIVIDUAL ACCOUNT FUND
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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.
$5,057
Avg Employer Contribution per Person per Year
Below
Not EE Friendly
Plan Design
Laggard
EE Friendly
Admin Fees as a % of Total Assets
Top Benefits
14%
1 Year Return
Top Benefits

Peer Group

Size
500+ employees
Region
All Region Average
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
Board Of Electrical Workers Local #26 I.A. Individual Account Plan
Plan type
DC-Other
Plan start date
05/01/1982
Plan assets
$1,297,625,373
Participation Rate
100.00 %
Loan %
0.00 %
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Key Plan Features

Each employer retirement plan is unique with different features that can benefit employees.
Loans
No
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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Just a few of the companies in your cohort

BOARD OF TRUSTEES - SOUTHERN ELECTRICAL RETIREMENT FUNDBOARD OF TRUSTEES - SOUTHERN ELECTRICAL RETIREMENT FUNDELECTRICAL WORKERS LOCAL NO 26 PENSION TRUST FUNDELECTRICAL WORKERS LOCAL NO 26 PENSION TRUST FUNDRIETH-RILEY CONSTRUCTION CO., INC.RIETH-RILEY CONSTRUCTION CO., INC.TRUSTEES OF MIDWEST OPERATING ENGINEERS RETIREMENT ENHANCEMENT FUNDTRUSTEES OF MIDWEST OPERATING ENGINEERS RETIREMENT ENHANCEMENT FUNDMASSACHUSETTS BRICKLAYERS & MASONS PENSION FUNDMASSACHUSETTS BRICKLAYERS & MASONS PENSION FUNDBOARD OF TRUST OF THE ANNUITY FD OF THE ELECTRICAL INDUSTRY OF LIBOARD OF TRUST OF THE ANNUITY FD OF THE ELECTRICAL INDUSTRY OF LIBETENBOUGH COMPANIES, PBCBETENBOUGH COMPANIES, PBCMASSACHUSETTS BRICKLAYERS & MASONS ANNUITY FUNDMASSACHUSETTS BRICKLAYERS & MASONS ANNUITY FUNDANGELO IAFRATE INC.ANGELO IAFRATE INC.KILLINEY HOLDINGS, INC.KILLINEY HOLDINGS, INC.

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