LOCAL 25 NEW ENGLAND TEAMSTERS SAVINGS AND INVESTMENT PLAN
Overview
Plan Contact
- Address: 544 MAIN STREET,CHARLESTOWN,MA
- Contact person: STEVEN J SOUTH
- Phone: (617) 241-8825
Plan General Information
At the end of 2022, the total retirement plan assets of LOCAL 25 NEW ENGLAND TEAMSTERS SAVINGS AND INVESTMENT PLAN is $4,897,029.This plan was established in 1995.
At the end of 2022, the total number of retirement plan participants in LOCAL 25 NEW ENGLAND TEAMSTERS SAVINGS AND INVESTMENT PLAN is 483
In 2022, the average participant retirement account value for LOCAL 25 NEW ENGLAND TEAMSTERS SAVINGS AND INVESTMENT PLAN is $10,138
In 2022, the estimated average employer match for an employee in LOCAL 25 NEW ENGLAND TEAMSTERS SAVINGS AND INVESTMENT PLAN is approximately $397
In 2022, the total retirement plan asset growth rate of LOCAL 25 NEW ENGLAND TEAMSTERS SAVINGS AND INVESTMENT PLAN is -17.72%
In 2022, the estimated aggregate retirement account investment gain/loss for LOCAL 25 NEW ENGLAND TEAMSTERS SAVINGS AND INVESTMENT PLAN is -15.73%. This measures the effectiveness of the plan participants’ investments in the year.
In 2022, the investment and administrative expense ratio of LOCAL 25 NEW ENGLAND TEAMSTERS SAVINGS AND INVESTMENT PLAN is 1.30%.
Enrollment Features
LOCAL 25 NEW ENGLAND TEAMSTERS SAVINGS AND INVESTMENT 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.