LOCAL UNION NO 306 IBEW PENSION ANNUITY PLAN

At the end of 2022, the total retirement plan assets of LOCAL UNION NO 306 IBEW PENSION ANNUITY PLAN is $231,765,342.This plan was established in 1971.

At the end of 2022, the total number of retirement plan participants in LOCAL UNION NO 306 IBEW PENSION ANNUITY PLAN is 1302

In 2022, the average participant retirement account value for LOCAL UNION NO 306 IBEW PENSION ANNUITY PLAN is $178,007

In 2022, the estimated average employer match for an employee in LOCAL UNION NO 306 IBEW PENSION ANNUITY PLAN is approximately $8,354

In 2022, the total retirement plan asset growth rate of LOCAL UNION NO 306 IBEW PENSION ANNUITY PLAN is -13.50%

In 2022, the estimated aggregate retirement account investment gain/loss for LOCAL UNION NO 306 IBEW PENSION ANNUITY PLAN is -13.50%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of LOCAL UNION NO 306 IBEW PENSION ANNUITY PLAN is 0.12%.

Enrollment Features

LOCAL UNION NO 306 IBEW PENSION 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.