UTILITY TRI-STATE 401(K) PLAN

At the end of 2022, the total retirement plan assets of UTILITY TRI-STATE 401(K) PLAN is $4,783,572.This plan was established in 2016.

At the end of 2022, the total number of retirement plan participants in UTILITY TRI-STATE 401(K) PLAN is 177

In 2022, the average participant retirement account value for UTILITY TRI-STATE 401(K) PLAN is $27,025

In 2022, the estimated average employee contribution amount per participant for UTILITY TRI-STATE 401(K) PLAN is $6,165

In 2022, the estimated average employer match for an employee in UTILITY TRI-STATE 401(K) PLAN is approximately $4,343

In 2022, UTILITY TRI-STATE 401(K) PLAN allocates $768,762 to match its employees’ contributions, providing an employer match rate of 74.44% of their contributions

In 2022, the total retirement plan asset growth rate of UTILITY TRI-STATE 401(K) PLAN is 15.43%

In 2022, the estimated aggregate retirement account investment gain/loss for UTILITY TRI-STATE 401(K) PLAN is -18.94%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of UTILITY TRI-STATE 401(K) PLAN is 0.16%.

Enrollment Features

UTILITY TRI-STATE 401(K) 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.