LOCAL 74 U.S.W.U. 401(K) SAVINGS PLAN

Overview

Plan Contact

  • Address: 36-36 33RD STREET STE 202,LONG ISLAND CITY,NY
  • Phone: (718) 729-7400

Plan General Information


At the end of 2022, the total retirement plan assets of LOCAL 74 U.S.W.U. 401(K) SAVINGS PLAN is $9,491,300.This plan was established in 2010.

At the end of 2022, the total number of retirement plan participants in LOCAL 74 U.S.W.U. 401(K) SAVINGS PLAN is 890

In 2022, the average participant retirement account value for LOCAL 74 U.S.W.U. 401(K) SAVINGS PLAN is $10,664

In 2022, the estimated average employee contribution amount per participant for LOCAL 74 U.S.W.U. 401(K) SAVINGS PLAN is $719

In 2022, the estimated average employer match for an employee in LOCAL 74 U.S.W.U. 401(K) SAVINGS PLAN is approximately $1,412

In 2022, LOCAL 74 U.S.W.U. 401(K) SAVINGS PLAN allocates $1,257,365 to match its employees’ contributions, providing an employer match rate of 194.69% of their contributions

In 2022, the total retirement plan asset growth rate of LOCAL 74 U.S.W.U. 401(K) SAVINGS PLAN is -17.68%

In 2022, the estimated aggregate retirement account investment gain/loss for LOCAL 74 U.S.W.U. 401(K) SAVINGS PLAN is -13.89%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of LOCAL 74 U.S.W.U. 401(K) SAVINGS PLAN is 1.72%.

Enrollment Features