LABORERS' INTERNATIONAL UNION OF NORTH AMERICA LOCAL UNION NO. 616 DC RETIREMENT PLAN
Plan Contact
- Address: 20000 HORIZON WAY, SUITE 600,MOUNT LAUREL,NJ
- Contact person: MARK FARRIS
- Phone: (856) 793-2501
Plan General Information
LABORERS' INTERNATIONAL UNION OF NORTH AMERICA LOCAL UNION NO. 616 DC RETIREMENT PLAN Total Retirement Plan Assets
At the end of 2023, the total retirement plan assets of LABORERS' INTERNATIONAL UNION OF NORTH AMERICA LOCAL UNION NO. 616 DC RETIREMENT PLAN is $9,144,682.00.This plan was established in 2006.
LABORERS' INTERNATIONAL UNION OF NORTH AMERICA LOCAL UNION NO. 616 DC RETIREMENT PLAN Total Number of Retirement Plan Participants
At the end of 2023, the total number of retirement plan participants in LABORERS' INTERNATIONAL UNION OF NORTH AMERICA LOCAL UNION NO. 616 DC RETIREMENT PLAN is 1799
LABORERS' INTERNATIONAL UNION OF NORTH AMERICA LOCAL UNION NO. 616 DC RETIREMENT PLAN Average Participant Retirement Account Value
In 2023, the average participant retirement account value for LABORERS' INTERNATIONAL UNION OF NORTH AMERICA LOCAL UNION NO. 616 DC RETIREMENT PLAN is $5,083.00
LABORERS' INTERNATIONAL UNION OF NORTH AMERICA LOCAL UNION NO. 616 DC RETIREMENT PLAN Estimated Average Employer Match
In 2023, the estimated average employer match for an employee in LABORERS' INTERNATIONAL UNION OF NORTH AMERICA LOCAL UNION NO. 616 DC RETIREMENT PLAN is approximately $1,963.00
Investing in this additonal $1,963.00 for 20 years would give you extra $125,679.00, assuming a 10% annual return.
Investing in this additonal $1,963.00 for 20 years would give you extra $125,679.00, assuming a 10% annual return.
LABORERS' INTERNATIONAL UNION OF NORTH AMERICA LOCAL UNION NO. 616 DC RETIREMENT PLAN Total Retirement Plan Asset Growth Rate
In 2023, the total retirement plan asset growth rate of LABORERS' INTERNATIONAL UNION OF NORTH AMERICA LOCAL UNION NO. 616 DC RETIREMENT PLAN is 59.37%.
LABORERS' INTERNATIONAL UNION OF NORTH AMERICA LOCAL UNION NO. 616 DC RETIREMENT PLAN Estimated Aggregate Retirement Account Investment Gain/Loss
In 2023, the estimated aggregate retirement account investment gain/loss for LABORERS' INTERNATIONAL UNION OF NORTH AMERICA LOCAL UNION NO. 616 DC RETIREMENT PLAN is 12.24%. This measures the effectiveness of the plan participants' investments in the year.
LABORERS' INTERNATIONAL UNION OF NORTH AMERICA LOCAL UNION NO. 616 DC RETIREMENT PLAN Expense Ratio
In 2023, the investment and administrative expense ratio of LABORERS' INTERNATIONAL UNION OF NORTH AMERICA LOCAL UNION NO. 616 DC RETIREMENT PLAN is 3.44%.
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