LOCAL 813 SAVINGS AND THRIFT TRUST FUND

At the end of 2022, the total retirement plan assets of LOCAL 813 SAVINGS AND THRIFT TRUST FUND is $18,108,907.This plan was established in 2009.

At the end of 2022, the total number of retirement plan participants in LOCAL 813 SAVINGS AND THRIFT TRUST FUND is 1097

In 2022, the average participant retirement account value for LOCAL 813 SAVINGS AND THRIFT TRUST FUND is $16,507

In 2022, the estimated average employee contribution amount per participant for LOCAL 813 SAVINGS AND THRIFT TRUST FUND is $885

In 2022, the estimated average employer match for an employee in LOCAL 813 SAVINGS AND THRIFT TRUST FUND is approximately $2,956

In 2022, LOCAL 813 SAVINGS AND THRIFT TRUST FUND allocates $3,243,212 to match its employees’ contributions, providing an employer match rate of 355.85% of their contributions

In 2022, the total retirement plan asset growth rate of LOCAL 813 SAVINGS AND THRIFT TRUST FUND is -0.29%

In 2022, the estimated aggregate retirement account investment gain/loss for LOCAL 813 SAVINGS AND THRIFT TRUST FUND is -15.54%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of LOCAL 813 SAVINGS AND THRIFT TRUST FUND is 1.40%.

Enrollment Features

LOCAL 813 SAVINGS AND THRIFT TRUST FUND has the following features:
    Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.