LOCAL NO. 1 SUBURBAN 401(K) SAVINGS PLAN

At the end of 2022, the total retirement plan assets of LOCAL NO. 1 SUBURBAN 401(K) SAVINGS PLAN is $2,531,959.This plan was established in 2022.

At the end of 2022, the total number of retirement plan participants in LOCAL NO. 1 SUBURBAN 401(K) SAVINGS PLAN is 2543

In 2022, the average participant retirement account value for LOCAL NO. 1 SUBURBAN 401(K) SAVINGS PLAN is $995

In 2022, the estimated average employee contribution amount per participant for LOCAL NO. 1 SUBURBAN 401(K) SAVINGS PLAN is $56

In 2022, the estimated average employer match for an employee in LOCAL NO. 1 SUBURBAN 401(K) SAVINGS PLAN is approximately $450

In 2022, LOCAL NO. 1 SUBURBAN 401(K) SAVINGS PLAN allocates $1,146,536 to match its employees’ contributions, providing an employer match rate of 796.46% of their contributions

In 2022, the total retirement plan asset growth rate of LOCAL NO. 1 SUBURBAN 401(K) SAVINGS PLAN is 129.19%

In 2022, the estimated aggregate retirement account investment gain/loss for LOCAL NO. 1 SUBURBAN 401(K) SAVINGS PLAN is 27.02%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of LOCAL NO. 1 SUBURBAN 401(K) SAVINGS PLAN is 11.63%.

Enrollment Features

LOCAL NO. 1 SUBURBAN 401(K) SAVINGS 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.