LOCAL 18 INTERNATIONAL UNION OF OPERATING ENGINEERS 401(K) PLAN
Overview
Plan Contact
- Address: 3515 PROSPECT AVE E,CLEVELAND,OH
- Phone: (216) 432-3138
Plan General Information
At the end of 2022, the total retirement plan assets of LOCAL 18 INTERNATIONAL UNION OF OPERATING ENGINEERS 401(K) PLAN is $3,179,204.This plan was established in 2010.
At the end of 2022, the total number of retirement plan participants in LOCAL 18 INTERNATIONAL UNION OF OPERATING ENGINEERS 401(K) PLAN is 587
In 2022, the average participant retirement account value for LOCAL 18 INTERNATIONAL UNION OF OPERATING ENGINEERS 401(K) PLAN is $5,416
In 2022, the estimated average employee contribution amount per participant for LOCAL 18 INTERNATIONAL UNION OF OPERATING ENGINEERS 401(K) PLAN is $551
In 2022, the estimated average employer match for an employee in LOCAL 18 INTERNATIONAL UNION OF OPERATING ENGINEERS 401(K) PLAN is approximately $234
In 2022, LOCAL 18 INTERNATIONAL UNION OF OPERATING ENGINEERS 401(K) PLAN allocates $137,920 to match its employees’ contributions, providing an employer match rate of 48.70% of their contributions
In 2022, the total retirement plan asset growth rate of LOCAL 18 INTERNATIONAL UNION OF OPERATING ENGINEERS 401(K) PLAN is -8.69%
In 2022, the estimated aggregate retirement account investment gain/loss for LOCAL 18 INTERNATIONAL UNION OF OPERATING ENGINEERS 401(K) PLAN is -16.18%. This measures the effectiveness of the plan participants’ investments in the year.
In 2022, the investment and administrative expense ratio of LOCAL 18 INTERNATIONAL UNION OF OPERATING ENGINEERS 401(K) PLAN is 1.35%.