LOCAL 863 IBT RETIREMENT SAVINGS PLAN

Overview

Plan Contact

  • Address: 209 SUMMIT ROAD,MOUNTAINSIDE,NJ
  • Contact person: VANESSA WALTERS
  • Phone: (908) 654-6980

Plan General Information


At the end of 2022, the total retirement plan assets of LOCAL 863 IBT RETIREMENT SAVINGS PLAN is $60,629,189.This plan was established in 2006.

At the end of 2022, the total number of retirement plan participants in LOCAL 863 IBT RETIREMENT SAVINGS PLAN is 2650

In 2022, the average participant retirement account value for LOCAL 863 IBT RETIREMENT SAVINGS PLAN is $22,878


In 2022, the estimated average employer match for an employee in LOCAL 863 IBT RETIREMENT SAVINGS PLAN is approximately $3,330

In 2022, the total retirement plan asset growth rate of LOCAL 863 IBT RETIREMENT SAVINGS PLAN is -13.46%

In 2022, the estimated aggregate retirement account investment gain/loss for LOCAL 863 IBT RETIREMENT SAVINGS PLAN is -16.04%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of LOCAL 863 IBT RETIREMENT SAVINGS PLAN is 0.97%.

Enrollment Features