LOCAL INITIATIVES SUPPORT CORPORATION TAX SHELTERED ANNUITY PLAN

At the end of 2022, the total retirement plan assets of LOCAL INITIATIVES SUPPORT CORPORATION TAX SHELTERED ANNUITY PLAN is $56,617,328.This plan was established in 1980.

At the end of 2022, the total number of retirement plan participants in LOCAL INITIATIVES SUPPORT CORPORATION TAX SHELTERED ANNUITY PLAN is 876

In 2022, the average participant retirement account value for LOCAL INITIATIVES SUPPORT CORPORATION TAX SHELTERED ANNUITY PLAN is $64,631

In 2022, the estimated average employee contribution amount per participant for LOCAL INITIATIVES SUPPORT CORPORATION TAX SHELTERED ANNUITY PLAN is $1,107

In 2022, the estimated average employer match for an employee in LOCAL INITIATIVES SUPPORT CORPORATION TAX SHELTERED ANNUITY PLAN is approximately $3,596

In 2022, LOCAL INITIATIVES SUPPORT CORPORATION TAX SHELTERED ANNUITY PLAN allocates $3,150,159 to match its employees’ contributions, providing an employer match rate of 343.55% of their contributions

In 2022, the total retirement plan asset growth rate of LOCAL INITIATIVES SUPPORT CORPORATION TAX SHELTERED ANNUITY PLAN is -18.18%

In 2022, the estimated aggregate retirement account investment gain/loss for LOCAL INITIATIVES SUPPORT CORPORATION TAX SHELTERED ANNUITY PLAN is -17.03%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of LOCAL INITIATIVES SUPPORT CORPORATION TAX SHELTERED ANNUITY PLAN is 0.13%.

Enrollment Features

LOCAL INITIATIVES SUPPORT CORPORATION TAX SHELTERED ANNUITY 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.