I.B.E.W. LOCAL 855 DEFINED CONTRIBUTION PENSION PLAN & TRUST

Plan Contact

  • Address: 4601 S. MEEKER AVENUE,MUNCIE,IN
  • Phone: (765) 282-6392

Plan General Information

I.B.E.W. LOCAL 855 DEFINED CONTRIBUTION PENSION PLAN & TRUST Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of I.B.E.W. LOCAL 855 DEFINED CONTRIBUTION PENSION PLAN & TRUST is $21,787,364.00.This plan was established in 1979.

I.B.E.W. LOCAL 855 DEFINED CONTRIBUTION PENSION PLAN & TRUST Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in I.B.E.W. LOCAL 855 DEFINED CONTRIBUTION PENSION PLAN & TRUST is 1286

I.B.E.W. LOCAL 855 DEFINED CONTRIBUTION PENSION PLAN & TRUST Average Participant Retirement Account Value

In 2023, the average participant retirement account value for I.B.E.W. LOCAL 855 DEFINED CONTRIBUTION PENSION PLAN & TRUST is $16,941.00

I.B.E.W. LOCAL 855 DEFINED CONTRIBUTION PENSION PLAN & TRUST Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in I.B.E.W. LOCAL 855 DEFINED CONTRIBUTION PENSION PLAN & TRUST is approximately $817.00
Investing in this additonal $817.00 for 20 years would give you extra $52,328.00, assuming a 10% annual return.

I.B.E.W. LOCAL 855 DEFINED CONTRIBUTION PENSION PLAN & TRUST Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of I.B.E.W. LOCAL 855 DEFINED CONTRIBUTION PENSION PLAN & TRUST is 18.38%.

I.B.E.W. LOCAL 855 DEFINED CONTRIBUTION PENSION PLAN & TRUST Estimated Aggregate Retirement Account Investment Gain/Loss

In 2023, the estimated aggregate retirement account investment gain/loss for I.B.E.W. LOCAL 855 DEFINED CONTRIBUTION PENSION PLAN & TRUST is 16.47%. This measures the effectiveness of the plan participants' investments in the year.

I.B.E.W. LOCAL 855 DEFINED CONTRIBUTION PENSION PLAN & TRUST Expense Ratio

In 2023, the investment and administrative expense ratio of I.B.E.W. LOCAL 855 DEFINED CONTRIBUTION PENSION PLAN & TRUST is 0.46%.

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