LOCAL 840 IBEW ANNUITY FUND

Plan Contact

  • Address: P.O. BOX 851,GENEVA,NY
  • Phone: (315) 789-3330

Plan General Information

LOCAL 840 IBEW ANNUITY FUND Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of LOCAL 840 IBEW ANNUITY FUND is $15,583,089.00.This plan was established in 1989.

LOCAL 840 IBEW ANNUITY FUND Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in LOCAL 840 IBEW ANNUITY FUND is 315

LOCAL 840 IBEW ANNUITY FUND Average Participant Retirement Account Value

In 2023, the average participant retirement account value for LOCAL 840 IBEW ANNUITY FUND is $49,470.00

LOCAL 840 IBEW ANNUITY FUND Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in LOCAL 840 IBEW ANNUITY FUND is approximately $3,074.00
Investing in this additonal $3,074.00 for 20 years would give you extra $196,770.00, assuming a 10% annual return.

LOCAL 840 IBEW ANNUITY FUND Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of LOCAL 840 IBEW ANNUITY FUND is 5.42%.

LOCAL 840 IBEW ANNUITY FUND Estimated Aggregate Retirement Account Investment Gain/Loss

In 2023, the estimated aggregate retirement account investment gain/loss for LOCAL 840 IBEW ANNUITY FUND is 7.26%. This measures the effectiveness of the plan participants' investments in the year.

LOCAL 840 IBEW ANNUITY FUND Expense Ratio

In 2023, the investment and administrative expense ratio of LOCAL 840 IBEW ANNUITY FUND is 1.23%.

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