LOCAL GOVERNMENT CORPORATION RETIREMENT PLAN

At the end of 2022, the total retirement plan assets of LOCAL GOVERNMENT CORPORATION RETIREMENT PLAN is $19,563,751.This plan was established in 1990.

At the end of 2022, the total number of retirement plan participants in LOCAL GOVERNMENT CORPORATION RETIREMENT PLAN is 166

In 2022, the average participant retirement account value for LOCAL GOVERNMENT CORPORATION RETIREMENT PLAN is $117,853

In 2022, the estimated average employee contribution amount per participant for LOCAL GOVERNMENT CORPORATION RETIREMENT PLAN is $4,917

In 2022, the estimated average employer match for an employee in LOCAL GOVERNMENT CORPORATION RETIREMENT PLAN is approximately $3,947

In 2022, LOCAL GOVERNMENT CORPORATION RETIREMENT PLAN allocates $655,229 to match its employees’ contributions, providing an employer match rate of 80.75% of their contributions

In 2022, the total retirement plan asset growth rate of LOCAL GOVERNMENT CORPORATION RETIREMENT PLAN is -14.17%

In 2022, the estimated aggregate retirement account investment gain/loss for LOCAL GOVERNMENT CORPORATION RETIREMENT PLAN is -17.14%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of LOCAL GOVERNMENT CORPORATION RETIREMENT PLAN is 0.00%.

Enrollment Features

LOCAL GOVERNMENT CORPORATION RETIREMENT 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.