UTILITY WORKERS UNION OF AMERICA DEFERRED COMPENS PLAN
Overview
Plan Contact
- Address: 6525 CENTURION DRIVE,LANSING,MI
- Phone: (517) 321-7502
Plan General Information
At the end of 2022, the total retirement plan assets of UTILITY WORKERS UNION OF AMERICA DEFERRED COMPENS PLAN is $61,818,486.This plan was established in 2007.
At the end of 2022, the total number of retirement plan participants in UTILITY WORKERS UNION OF AMERICA DEFERRED COMPENS PLAN is 531
In 2022, the average participant retirement account value for UTILITY WORKERS UNION OF AMERICA DEFERRED COMPENS PLAN is $116,418
In 2022, the estimated average employee contribution amount per participant for UTILITY WORKERS UNION OF AMERICA DEFERRED COMPENS PLAN is $8,915
In 2022, the estimated average employer match for an employee in UTILITY WORKERS UNION OF AMERICA DEFERRED COMPENS PLAN is approximately $8,013
In 2022, UTILITY WORKERS UNION OF AMERICA DEFERRED COMPENS PLAN allocates $4,254,939 to match its employees’ contributions, providing an employer match rate of 93.58% of their contributions
In 2022, the total retirement plan asset growth rate of UTILITY WORKERS UNION OF AMERICA DEFERRED COMPENS PLAN is -9.16%
In 2022, the estimated aggregate retirement account investment gain/loss for UTILITY WORKERS UNION OF AMERICA DEFERRED COMPENS PLAN is -17.03%. This measures the effectiveness of the plan participants’ investments in the year.
In 2022, the investment and administrative expense ratio of UTILITY WORKERS UNION OF AMERICA DEFERRED COMPENS PLAN is 0.10%.
Enrollment Features
UTILITY WORKERS UNION OF AMERICA DEFERRED COMPENS 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.