LONG ISLAND UNIVERSITY RETIREMENT PLAN

At the end of 2022, the total retirement plan assets of LONG ISLAND UNIVERSITY RETIREMENT PLAN is $961,996,830.This plan was established in 1955.

At the end of 2022, the total number of retirement plan participants in LONG ISLAND UNIVERSITY RETIREMENT PLAN is 4203

In 2022, the average participant retirement account value for LONG ISLAND UNIVERSITY RETIREMENT PLAN is $228,883

In 2022, the estimated average employee contribution amount per participant for LONG ISLAND UNIVERSITY RETIREMENT PLAN is $1,990

In 2022, the estimated average employer match for an employee in LONG ISLAND UNIVERSITY RETIREMENT PLAN is approximately $1,665

In 2022, LONG ISLAND UNIVERSITY RETIREMENT PLAN allocates $6,998,931 to match its employees’ contributions, providing an employer match rate of 83.16% of their contributions

In 2022, the total retirement plan asset growth rate of LONG ISLAND UNIVERSITY RETIREMENT PLAN is -13.69%

In 2022, the estimated aggregate retirement account investment gain/loss for LONG ISLAND UNIVERSITY RETIREMENT PLAN is -9.92%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of LONG ISLAND UNIVERSITY RETIREMENT PLAN is 0.02%.

Enrollment Features

LONG ISLAND UNIVERSITY RETIREMENT 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.