LOCAL UNION NO. 90 I.B.E.W. ANNUITY PLAN

Overview

Plan Contact

  • Address: 10 TECHNOLOGY DRIVE, P.O. BOX 5817,WALLINGFORD,CT
  • Phone: (203) 269-7741

Plan General Information


At the end of 2022, the total retirement plan assets of LOCAL UNION NO. 90 I.B.E.W. ANNUITY PLAN is $75,622,302.This plan was established in 1985.

At the end of 2022, the total number of retirement plan participants in LOCAL UNION NO. 90 I.B.E.W. ANNUITY PLAN is 619

In 2022, the average participant retirement account value for LOCAL UNION NO. 90 I.B.E.W. ANNUITY PLAN is $122,168


In 2022, the estimated average employer match for an employee in LOCAL UNION NO. 90 I.B.E.W. ANNUITY PLAN is approximately $8,564

In 2022, the total retirement plan asset growth rate of LOCAL UNION NO. 90 I.B.E.W. ANNUITY PLAN is -9.31%

In 2022, the estimated aggregate retirement account investment gain/loss for LOCAL UNION NO. 90 I.B.E.W. ANNUITY PLAN is -11.17%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of LOCAL UNION NO. 90 I.B.E.W. ANNUITY PLAN is 0.20%.

Enrollment Features

LOCAL UNION NO. 90 I.B.E.W. ANNUITY PLAN has the following features:
    Self-directed Brokerage: It allows participants or employees to allocate part or all of its account to a self directed brokereage account as an investment option.