IBEW LOCAL 531 & NECA MONEY PURCHASE PENSION PLAN
Plan Contact
- Address: P.O. BOX 518,,LAPORTE,IN
- Contact person: JIM CLARIDA
- Phone: (312) 649-1200
Plan General Information
IBEW LOCAL 531 & NECA MONEY PURCHASE PENSION PLAN Total Retirement Plan Assets
At the end of 2023, the total retirement plan assets of IBEW LOCAL 531 & NECA MONEY PURCHASE PENSION PLAN is $101,512,243.00.This plan was established in 1986.
IBEW LOCAL 531 & NECA MONEY PURCHASE PENSION PLAN Total Number of Retirement Plan Participants
At the end of 2023, the total number of retirement plan participants in IBEW LOCAL 531 & NECA MONEY PURCHASE PENSION PLAN is 578
IBEW LOCAL 531 & NECA MONEY PURCHASE PENSION PLAN Average Participant Retirement Account Value
In 2023, the average participant retirement account value for IBEW LOCAL 531 & NECA MONEY PURCHASE PENSION PLAN is $175,626.00
IBEW LOCAL 531 & NECA MONEY PURCHASE PENSION PLAN Estimated Average Employer Match
In 2023, the estimated average employer match for an employee in IBEW LOCAL 531 & NECA MONEY PURCHASE PENSION PLAN is approximately $9,291.00
Investing in this additonal $9,291.00 for 20 years would give you extra $594,635.00, assuming a 10% annual return.
Investing in this additonal $9,291.00 for 20 years would give you extra $594,635.00, assuming a 10% annual return.
IBEW LOCAL 531 & NECA MONEY PURCHASE PENSION PLAN Total Retirement Plan Asset Growth Rate
In 2023, the total retirement plan asset growth rate of IBEW LOCAL 531 & NECA MONEY PURCHASE PENSION PLAN is 10.26%.
IBEW LOCAL 531 & NECA MONEY PURCHASE PENSION PLAN Estimated Aggregate Retirement Account Investment Gain/Loss
In 2023, the estimated aggregate retirement account investment gain/loss for IBEW LOCAL 531 & NECA MONEY PURCHASE PENSION PLAN is 8.33%. This measures the effectiveness of the plan participants' investments in the year.
IBEW LOCAL 531 & NECA MONEY PURCHASE PENSION PLAN Expense Ratio
In 2023, the investment and administrative expense ratio of IBEW LOCAL 531 & NECA MONEY PURCHASE PENSION PLAN is 0.22%.
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