LOCAL UNION NO. 4, IBEW PENSION PLAN

At the end of 2022, the total retirement plan assets of LOCAL UNION NO. 4, IBEW PENSION PLAN is $43,685,564.This plan was established in 1985.

At the end of 2022, the total number of retirement plan participants in LOCAL UNION NO. 4, IBEW PENSION PLAN is 433

In 2022, the average participant retirement account value for LOCAL UNION NO. 4, IBEW PENSION PLAN is $100,890

In 2022, the estimated average employee contribution amount per participant for LOCAL UNION NO. 4, IBEW PENSION PLAN is $340

In 2022, the estimated average employer match for an employee in LOCAL UNION NO. 4, IBEW PENSION PLAN is approximately $2,507

In 2022, LOCAL UNION NO. 4, IBEW PENSION PLAN allocates $1,085,819 to match its employees’ contributions, providing an employer match rate of 725.45% of their contributions

In 2022, the total retirement plan asset growth rate of LOCAL UNION NO. 4, IBEW PENSION PLAN is -20.22%

In 2022, the estimated aggregate retirement account investment gain/loss for LOCAL UNION NO. 4, IBEW PENSION PLAN is -16.35%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of LOCAL UNION NO. 4, IBEW PENSION PLAN is 0.28%.

Enrollment Features

LOCAL UNION NO. 4, IBEW PENSION 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.