LABORERS LOCAL 785 DEFINED CONTRIBUTION PLAN

Plan Contact

  • Address: 622 W. STATE STREET,ITHACA,NY
  • Phone: (607) 319-4079

Plan General Information

LABORERS LOCAL 785 DEFINED CONTRIBUTION PLAN Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of LABORERS LOCAL 785 DEFINED CONTRIBUTION PLAN is $36,234,260.00.This plan was established in 2001.

LABORERS LOCAL 785 DEFINED CONTRIBUTION PLAN Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in LABORERS LOCAL 785 DEFINED CONTRIBUTION PLAN is 1009

LABORERS LOCAL 785 DEFINED CONTRIBUTION PLAN Average Participant Retirement Account Value

In 2023, the average participant retirement account value for LABORERS LOCAL 785 DEFINED CONTRIBUTION PLAN is $35,911.00

LABORERS LOCAL 785 DEFINED CONTRIBUTION PLAN Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in LABORERS LOCAL 785 DEFINED CONTRIBUTION PLAN is approximately $3,107.00
Investing in this additonal $3,107.00 for 20 years would give you extra $198,866.00, assuming a 10% annual return.

LABORERS LOCAL 785 DEFINED CONTRIBUTION PLAN Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of LABORERS LOCAL 785 DEFINED CONTRIBUTION PLAN is 13.22%.

LABORERS LOCAL 785 DEFINED CONTRIBUTION PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2023, the estimated aggregate retirement account investment gain/loss for LABORERS LOCAL 785 DEFINED CONTRIBUTION PLAN is 14.19%. This measures the effectiveness of the plan participants' investments in the year.

LABORERS LOCAL 785 DEFINED CONTRIBUTION PLAN Expense Ratio

In 2023, the investment and administrative expense ratio of LABORERS LOCAL 785 DEFINED CONTRIBUTION PLAN is 0.96%.

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