IBEW LOCAL 716 PENSION PLAN

Plan Contact

  • Address: 8441 GULF FREEWAY, SUITE 304,HOUSTON,TX
  • Phone: (713) 643-9300

Plan General Information

IBEW LOCAL 716 PENSION PLAN Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of IBEW LOCAL 716 PENSION PLAN is $200,759,313.00.This plan was established in 1965.

IBEW LOCAL 716 PENSION PLAN Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in IBEW LOCAL 716 PENSION PLAN is 5292

IBEW LOCAL 716 PENSION PLAN Average Participant Retirement Account Value

In 2023, the average participant retirement account value for IBEW LOCAL 716 PENSION PLAN is $37,936.00

IBEW LOCAL 716 PENSION PLAN Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in IBEW LOCAL 716 PENSION PLAN is approximately $760.00
Investing in this additonal $760.00 for 20 years would give you extra $48,658.00, assuming a 10% annual return.

IBEW LOCAL 716 PENSION PLAN Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of IBEW LOCAL 716 PENSION PLAN is 13.60%.

IBEW LOCAL 716 PENSION PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2023, the estimated aggregate retirement account investment gain/loss for IBEW LOCAL 716 PENSION PLAN is 16.08%. This measures the effectiveness of the plan participants' investments in the year.

IBEW LOCAL 716 PENSION PLAN Expense Ratio

In 2023, the investment and administrative expense ratio of IBEW LOCAL 716 PENSION PLAN is 0.63%.

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