1199SEIU NATIONAL BENEFIT FUND AND AFFILIATED ORGANIZATIONS 401(K) PLAN

At the end of 2022, the total retirement plan assets of 1199SEIU NATIONAL BENEFIT FUND AND AFFILIATED ORGANIZATIONS 401(K) PLAN is $86,482,441.This plan was established in 1999.

At the end of 2022, the total number of retirement plan participants in 1199SEIU NATIONAL BENEFIT FUND AND AFFILIATED ORGANIZATIONS 401(K) PLAN is 1749

In 2022, the average participant retirement account value for 1199SEIU NATIONAL BENEFIT FUND AND AFFILIATED ORGANIZATIONS 401(K) PLAN is $49,446

In 2022, the estimated average employee contribution amount per participant for 1199SEIU NATIONAL BENEFIT FUND AND AFFILIATED ORGANIZATIONS 401(K) PLAN is $3,200

In 2022, the estimated average employer match for an employee in 1199SEIU NATIONAL BENEFIT FUND AND AFFILIATED ORGANIZATIONS 401(K) PLAN is approximately $25

In 2022, 1199SEIU NATIONAL BENEFIT FUND AND AFFILIATED ORGANIZATIONS 401(K) PLAN allocates $44,638 to match its employees’ contributions, providing an employer match rate of 0.78% of their contributions

In 2022, the total retirement plan asset growth rate of 1199SEIU NATIONAL BENEFIT FUND AND AFFILIATED ORGANIZATIONS 401(K) PLAN is -16.39%

In 2022, the estimated aggregate retirement account investment gain/loss for 1199SEIU NATIONAL BENEFIT FUND AND AFFILIATED ORGANIZATIONS 401(K) PLAN is -16.41%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of 1199SEIU NATIONAL BENEFIT FUND AND AFFILIATED ORGANIZATIONS 401(K) PLAN is 0.17%.

Enrollment Features

1199SEIU NATIONAL BENEFIT FUND AND AFFILIATED ORGANIZATIONS 401(K) PLAN has the following features:
    Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.