LOCAL 231 IBEW RETIREMENT PLAN
Overview
Plan Contact
- Address: 8960 L STREET,OMAHA,NE
- Contact person: JIM SCHULZ
- Phone: (402) 593-7565
Plan General Information
At the end of 2023, the total retirement plan assets of LOCAL 231 IBEW RETIREMENT PLAN is $47,787,380.This plan was established in 1977.
At the end of 2023, the total number of retirement plan participants in LOCAL 231 IBEW RETIREMENT PLAN is 526
In 2023, the average participant retirement account value for LOCAL 231 IBEW RETIREMENT PLAN is $90,850
In 2023, the estimated average employee contribution amount per participant for LOCAL 231 IBEW RETIREMENT PLAN is $345
In 2023, the estimated average employer match for an employee in LOCAL 231 IBEW RETIREMENT PLAN is approximately $4,551
In 2023, LOCAL 231 IBEW RETIREMENT PLAN allocates $2,394,150 to match its employees’ contributions, providing an employer match rate of 1338.05% of their contributions
In 2023, the total retirement plan asset growth rate of LOCAL 231 IBEW RETIREMENT PLAN is -8.56%
In 2023, the estimated aggregate retirement account investment gain/loss for LOCAL 231 IBEW RETIREMENT PLAN is -6.36%. This measures the effectiveness of the plan participants’ investments in the year.
In 2023, the investment and administrative expense ratio of LOCAL 231 IBEW RETIREMENT PLAN is 0.35%.