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ASBESTOS WORKERS LOCAL 42 PENSION FUND

Englewood Cliffs, New Jersey
100-499 employees
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Retirement Plan Detail

Retirement Plan Ranking

Retirement Plan:
Asbestos Workers Local 42 Pension Fund
ASBESTOS WORKERS LOCAL 42 PENSION 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.
$29,839
Avg Employer Contribution per Person per Year
Top Benefits
Not EE Friendly
Plan Design
Laggard
EE Friendly
Admin Fees as a % of Total Assets
Below
8%
1 Year Return
Below

Peer Group

Size
100-499 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
Asbestos Workers Local 42 Pension Fund
Plan type
DB
Plan start date
12/30/1959
Plan assets
$38,688,449
Participation Rate
-177.88 %
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 OF THE DEFERRED SALARY PLAN OF THE ELECTRICAL INDBOARD OF TRUSTEES OF THE DEFERRED SALARY PLAN OF THE ELECTRICAL INDBOARD OF TRUSTEES OF THE ANNUITY PLAN OF THE ELECTRICAL INDUSTRYBOARD OF TRUSTEES OF THE ANNUITY PLAN OF THE ELECTRICAL INDUSTRYBOARD OF TRUSTEES IBEW LOCAL 43 AND ELECTRICAL CONTRACTORSBOARD OF TRUSTEES IBEW LOCAL 43 AND ELECTRICAL CONTRACTORSJOINT INDUSTRY BOARD OF THE ELECTRICAL INDUSTRYJOINT INDUSTRY BOARD OF THE ELECTRICAL INDUSTRYTRUSTEES OF IBEW LOCAL NO 607 PENSION FUNDTRUSTEES OF IBEW LOCAL NO 607 PENSION FUNDBOARD OF TRUSTEES OF IBEW LOCAL 840 ANNUITY FUNDBOARD OF TRUSTEES OF IBEW LOCAL 840 ANNUITY FUNDTERRUCE CORPORATIONTERRUCE CORPORATIONONTARIO SPECIALTY CONTRACTING, INC.ONTARIO SPECIALTY CONTRACTING, INC.RRAC LLCRRAC LLCJ. VAN HOUTEN ELECTRIC, INC. PROFIT-SHARING PLANJ. VAN HOUTEN ELECTRIC, INC. PROFIT-SHARING PLAN

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