LOCAL 780 I.A.T.S.E. 401(K) PLAN

At the end of 2022, the total retirement plan assets of LOCAL 780 I.A.T.S.E. 401(K) PLAN is $4,151,398.This plan was established in 1993.

At the end of 2022, the total number of retirement plan participants in LOCAL 780 I.A.T.S.E. 401(K) PLAN is 105

In 2022, the average participant retirement account value for LOCAL 780 I.A.T.S.E. 401(K) PLAN is $39,537

In 2022, the estimated average employee contribution amount per participant for LOCAL 780 I.A.T.S.E. 401(K) PLAN is $2,468

In 2022, the estimated average employer match for an employee in LOCAL 780 I.A.T.S.E. 401(K) PLAN is approximately $2,592

In 2022, LOCAL 780 I.A.T.S.E. 401(K) PLAN allocates $272,250 to match its employees’ contributions, providing an employer match rate of 104.54% of their contributions

In 2022, the total retirement plan asset growth rate of LOCAL 780 I.A.T.S.E. 401(K) PLAN is -10.59%

In 2022, the estimated aggregate retirement account investment gain/loss for LOCAL 780 I.A.T.S.E. 401(K) PLAN is -13.06%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of LOCAL 780 I.A.T.S.E. 401(K) PLAN is 0.71%.

Enrollment Features

LOCAL 780 I.A.T.S.E. 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.