MILLWRIGHT & MACHINERY ERECTORS LOCAL 1192 DEFINED CONTRIBUTION PENSION PLAN

Plan Contact

  • Address: P.O. BOX 1449,GOODLETTSVILLE,TN
  • Contact person: DOUG IRWIN
  • Phone: (615) 859-0131

Plan General Information

MILLWRIGHT & MACHINERY ERECTORS LOCAL 1192 DEFINED CONTRIBUTION PENSION PLAN Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of MILLWRIGHT & MACHINERY ERECTORS LOCAL 1192 DEFINED CONTRIBUTION PENSION PLAN is $97,878,043.00.This plan was established in 1984.

MILLWRIGHT & MACHINERY ERECTORS LOCAL 1192 DEFINED CONTRIBUTION PENSION PLAN Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in MILLWRIGHT & MACHINERY ERECTORS LOCAL 1192 DEFINED CONTRIBUTION PENSION PLAN is 1111

MILLWRIGHT & MACHINERY ERECTORS LOCAL 1192 DEFINED CONTRIBUTION PENSION PLAN Average Participant Retirement Account Value

In 2023, the average participant retirement account value for MILLWRIGHT & MACHINERY ERECTORS LOCAL 1192 DEFINED CONTRIBUTION PENSION PLAN is $88,099.00

MILLWRIGHT & MACHINERY ERECTORS LOCAL 1192 DEFINED CONTRIBUTION PENSION PLAN Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in MILLWRIGHT & MACHINERY ERECTORS LOCAL 1192 DEFINED CONTRIBUTION PENSION PLAN is approximately $5,692.00
Investing in this additonal $5,692.00 for 20 years would give you extra $364,334.00, assuming a 10% annual return.

MILLWRIGHT & MACHINERY ERECTORS LOCAL 1192 DEFINED CONTRIBUTION PENSION PLAN Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of MILLWRIGHT & MACHINERY ERECTORS LOCAL 1192 DEFINED CONTRIBUTION PENSION PLAN is 9.03%.

MILLWRIGHT & MACHINERY ERECTORS LOCAL 1192 DEFINED CONTRIBUTION PENSION PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2023, the estimated aggregate retirement account investment gain/loss for MILLWRIGHT & MACHINERY ERECTORS LOCAL 1192 DEFINED CONTRIBUTION PENSION PLAN is 7.94%. This measures the effectiveness of the plan participants' investments in the year.

MILLWRIGHT & MACHINERY ERECTORS LOCAL 1192 DEFINED CONTRIBUTION PENSION PLAN Expense Ratio

In 2023, the investment and administrative expense ratio of MILLWRIGHT & MACHINERY ERECTORS LOCAL 1192 DEFINED CONTRIBUTION PENSION PLAN is 0.52%.

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