PLUMBERS LOCAL 68 PENSION PLAN OF DEFINED CONTRIBUTION BENEFITS

Plan Contact

  • Address: P.O. BOX 8726,HOUSTON,TX
  • Phone: (713) 869-2592

Plan General Information

PLUMBERS LOCAL 68 PENSION PLAN OF DEFINED CONTRIBUTION BENEFITS Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of PLUMBERS LOCAL 68 PENSION PLAN OF DEFINED CONTRIBUTION BENEFITS is $56,436,731.00.This plan was established in 1964.

PLUMBERS LOCAL 68 PENSION PLAN OF DEFINED CONTRIBUTION BENEFITS Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in PLUMBERS LOCAL 68 PENSION PLAN OF DEFINED CONTRIBUTION BENEFITS is 2784

PLUMBERS LOCAL 68 PENSION PLAN OF DEFINED CONTRIBUTION BENEFITS Average Participant Retirement Account Value

In 2023, the average participant retirement account value for PLUMBERS LOCAL 68 PENSION PLAN OF DEFINED CONTRIBUTION BENEFITS is $20,271.00

PLUMBERS LOCAL 68 PENSION PLAN OF DEFINED CONTRIBUTION BENEFITS Estimated Average Employee Contribution Amount

In 2023, the estimated average employee contribution amount per participant for PLUMBERS LOCAL 68 PENSION PLAN OF DEFINED CONTRIBUTION BENEFITS is $43.00.

PLUMBERS LOCAL 68 PENSION PLAN OF DEFINED CONTRIBUTION BENEFITS Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in PLUMBERS LOCAL 68 PENSION PLAN OF DEFINED CONTRIBUTION BENEFITS is approximately $646.00
Investing in this additonal $646.00 for 20 years would give you extra $41,347.00, assuming a 10% annual return.

PLUMBERS LOCAL 68 PENSION PLAN OF DEFINED CONTRIBUTION BENEFITS Total Employer Contribution and Match Rate

In 2023, PLUMBERS LOCAL 68 PENSION PLAN OF DEFINED CONTRIBUTION BENEFITS allocates $1,798,625.00 to match its employees' contributions, providing an employer match rate of 3002.36% of their contributions

PLUMBERS LOCAL 68 PENSION PLAN OF DEFINED CONTRIBUTION BENEFITS Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of PLUMBERS LOCAL 68 PENSION PLAN OF DEFINED CONTRIBUTION BENEFITS is 5.35%.

PLUMBERS LOCAL 68 PENSION PLAN OF DEFINED CONTRIBUTION BENEFITS Estimated Aggregate Retirement Account Investment Gain/Loss

In 2023, the estimated aggregate retirement account investment gain/loss for PLUMBERS LOCAL 68 PENSION PLAN OF DEFINED CONTRIBUTION BENEFITS is 9.41%. This measures the effectiveness of the plan participants' investments in the year.

PLUMBERS LOCAL 68 PENSION PLAN OF DEFINED CONTRIBUTION BENEFITS Expense Ratio

In 2023, the investment and administrative expense ratio of PLUMBERS LOCAL 68 PENSION PLAN OF DEFINED CONTRIBUTION BENEFITS is 2.92%.

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