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BD OF TEES OF ELEVATOR CONSTRUCTORS UNION LOCAL NO. 1 ANNUITY & 401K

Englewood Cliffs, New Jersey
11-50 employees
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Retirement Plan Detail

Retirement Plan Ranking

Retirement Plan:
Elevator Constructors Union Local 1 Annuity And 401K Fund
This plan provides above-average contributions and strong design features, helping employers stay competitive in hiring while supporting long-term retention.
BD OF TEES OF ELEVATOR CONSTRUCTORS UNION LOCAL NO. 1 ANNUITY & 401K
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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.
$23,221
Avg Employer Contribution per Person per Year
Top Benefits
Moderate
Plan Design
Below
EE Friendly
Admin Fees as a % of Total Assets
Laggard
9%
1 Year Return
Laggard

Peer Group

Size
500+ employees
Region
Middle Atlantic
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
Elevator Constructors Union Local 1 Annuity And 401K Fund
Plan type
401k
Plan start date
07/01/1966
Plan assets
$1,705,245,780
Participation Rate
95.52 %
Loan %
1.30 %
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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
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BD OF TR OPER ENG CONS. INDUSTRY MISCELLANEOUS PENSION FUNDBD OF TR OPER ENG CONS. INDUSTRY MISCELLANEOUS PENSION FUNDBOARD OF TRUSTEES OF STEAMFITTERS LU 420 PENSION PLANBOARD OF TRUSTEES OF STEAMFITTERS LU 420 PENSION PLANBOARD OF TRUSTEES OF METAL LATHERS LOCAL 46 PENSION FUNDBOARD OF TRUSTEES OF METAL LATHERS LOCAL 46 PENSION FUNDBOARD OF TRUSTEES STEAMFITTERS LOCAL #449 PENSION FUNDBOARD OF TRUSTEES STEAMFITTERS LOCAL #449 PENSION FUNDBOARD OF TRUSTEES, STEAMFITTERS LOCAL #449 RETIREMENT SECURITY FUNDBOARD OF TRUSTEES, STEAMFITTERS LOCAL #449 RETIREMENT SECURITY FUNDBOARD OF TRUSTEES OF METAL LATHERS LOCAL 46 ANNUITY FUNDBOARD OF TRUSTEES OF METAL LATHERS LOCAL 46 ANNUITY FUNDCEMENT MASONS LOCAL 780 PENSION FUNDCEMENT MASONS LOCAL 780 PENSION FUNDIBEW LOCAL NO. 82 PENSION PLANIBEW LOCAL NO. 82 PENSION PLANLOCAL 354 PLUMBERS & PIPE FITTERS PENSION FUNDLOCAL 354 PLUMBERS & PIPE FITTERS PENSION FUNDBOARD OF TRUSTEES OF MARBLEBOARD OF TRUSTEES OF MARBLE

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