IBEW LOCAL NOS 570 & 518 AND SOUTHERN AZ CHAP NECA ANNUITY

Plan Contact

  • Address: 2550 W UNION HILLS DR STE 290,PHOENIX,AZ
  • Contact person: JOSHUA DESPAIN
  • Phone: (602) 249-3582

Plan General Information

IBEW LOCAL NOS 570 & 518 AND SOUTHERN AZ CHAP NECA ANNUITY Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of IBEW LOCAL NOS 570 & 518 AND SOUTHERN AZ CHAP NECA ANNUITY is $38,400,558.00.This plan was established in 1996.

IBEW LOCAL NOS 570 & 518 AND SOUTHERN AZ CHAP NECA ANNUITY Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in IBEW LOCAL NOS 570 & 518 AND SOUTHERN AZ CHAP NECA ANNUITY is 1484

IBEW LOCAL NOS 570 & 518 AND SOUTHERN AZ CHAP NECA ANNUITY Average Participant Retirement Account Value

In 2023, the average participant retirement account value for IBEW LOCAL NOS 570 & 518 AND SOUTHERN AZ CHAP NECA ANNUITY is $25,876.00

IBEW LOCAL NOS 570 & 518 AND SOUTHERN AZ CHAP NECA ANNUITY Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in IBEW LOCAL NOS 570 & 518 AND SOUTHERN AZ CHAP NECA ANNUITY is approximately $1,802.00
Investing in this additonal $1,802.00 for 20 years would give you extra $115,383.00, assuming a 10% annual return.

IBEW LOCAL NOS 570 & 518 AND SOUTHERN AZ CHAP NECA ANNUITY Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of IBEW LOCAL NOS 570 & 518 AND SOUTHERN AZ CHAP NECA ANNUITY is 16.49%.

IBEW LOCAL NOS 570 & 518 AND SOUTHERN AZ CHAP NECA ANNUITY Estimated Aggregate Retirement Account Investment Gain/Loss

In 2023, the estimated aggregate retirement account investment gain/loss for IBEW LOCAL NOS 570 & 518 AND SOUTHERN AZ CHAP NECA ANNUITY is 12.12%. This measures the effectiveness of the plan participants' investments in the year.

IBEW LOCAL NOS 570 & 518 AND SOUTHERN AZ CHAP NECA ANNUITY Expense Ratio

In 2023, the investment and administrative expense ratio of IBEW LOCAL NOS 570 & 518 AND SOUTHERN AZ CHAP NECA ANNUITY is 0.66%.

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