LOCAL 298 ANNUITY FUND

Overview

Plan Contact

  • Address: LOCAL 298 ANNUITY FUND,,VALLEY STREAM,NY
  • Contact person: VICTOR LAGRECA
  • Phone: (516) 825-1851

Plan General Information


At the end of 2022, the total retirement plan assets of LOCAL 298 ANNUITY FUND is $7,810,435.This plan was established in 2002.

At the end of 2022, the total number of retirement plan participants in LOCAL 298 ANNUITY FUND is 800

In 2022, the average participant retirement account value for LOCAL 298 ANNUITY FUND is $9,763

In 2022, the estimated average employee contribution amount per participant for LOCAL 298 ANNUITY FUND is $1,689

In 2022, the estimated average employer match for an employee in LOCAL 298 ANNUITY FUND is approximately $2,150

In 2022, LOCAL 298 ANNUITY FUND allocates $1,720,440 to match its employees’ contributions, providing an employer match rate of 145.51% of their contributions

In 2022, the total retirement plan asset growth rate of LOCAL 298 ANNUITY FUND is 17.19%

In 2022, the estimated aggregate retirement account investment gain/loss for LOCAL 298 ANNUITY FUND is -10.29%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of LOCAL 298 ANNUITY FUND is 0.27%.

Enrollment Features