OPERATIVE PLASTERERS AND CEMENT MASONS LOCAL 29 ANNUITY PLAN

Plan Contact

  • Address: 130 CENTRAL AVE,JERSEY CITY,NJ
  • Contact person: MARC GALLO
  • Phone: (201) 653-2065

Plan General Information

OPERATIVE PLASTERERS AND CEMENT MASONS LOCAL 29 ANNUITY PLAN Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of OPERATIVE PLASTERERS AND CEMENT MASONS LOCAL 29 ANNUITY PLAN is $21,873,849.00.This plan was established in 1984.

OPERATIVE PLASTERERS AND CEMENT MASONS LOCAL 29 ANNUITY PLAN Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in OPERATIVE PLASTERERS AND CEMENT MASONS LOCAL 29 ANNUITY PLAN is 441

OPERATIVE PLASTERERS AND CEMENT MASONS LOCAL 29 ANNUITY PLAN Average Participant Retirement Account Value

In 2023, the average participant retirement account value for OPERATIVE PLASTERERS AND CEMENT MASONS LOCAL 29 ANNUITY PLAN is $49,600.00

OPERATIVE PLASTERERS AND CEMENT MASONS LOCAL 29 ANNUITY PLAN Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in OPERATIVE PLASTERERS AND CEMENT MASONS LOCAL 29 ANNUITY PLAN is approximately $3,287.00
Investing in this additonal $3,287.00 for 20 years would give you extra $210,376.00, assuming a 10% annual return.

OPERATIVE PLASTERERS AND CEMENT MASONS LOCAL 29 ANNUITY PLAN Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of OPERATIVE PLASTERERS AND CEMENT MASONS LOCAL 29 ANNUITY PLAN is 3.15%.

OPERATIVE PLASTERERS AND CEMENT MASONS LOCAL 29 ANNUITY PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2023, the estimated aggregate retirement account investment gain/loss for OPERATIVE PLASTERERS AND CEMENT MASONS LOCAL 29 ANNUITY PLAN is 8.68%. This measures the effectiveness of the plan participants' investments in the year.

OPERATIVE PLASTERERS AND CEMENT MASONS LOCAL 29 ANNUITY PLAN Expense Ratio

In 2023, the investment and administrative expense ratio of OPERATIVE PLASTERERS AND CEMENT MASONS LOCAL 29 ANNUITY PLAN is 1.06%.

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