ANNUITY PLAN IBEW LOCAL 96

Plan Contact

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

Plan General Information

ANNUITY PLAN IBEW LOCAL 96 Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of ANNUITY PLAN IBEW LOCAL 96 is $96,450,257.00.This plan was established in 1975.

ANNUITY PLAN IBEW LOCAL 96 Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in ANNUITY PLAN IBEW LOCAL 96 is 814

ANNUITY PLAN IBEW LOCAL 96 Average Participant Retirement Account Value

In 2023, the average participant retirement account value for ANNUITY PLAN IBEW LOCAL 96 is $118,489.00

ANNUITY PLAN IBEW LOCAL 96 Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in ANNUITY PLAN IBEW LOCAL 96 is approximately $2,469.00
Investing in this additonal $2,469.00 for 20 years would give you extra $158,020.00, assuming a 10% annual return.

ANNUITY PLAN IBEW LOCAL 96 Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of ANNUITY PLAN IBEW LOCAL 96 is 7.10%.

ANNUITY PLAN IBEW LOCAL 96 Estimated Aggregate Retirement Account Investment Gain/Loss

In 2023, the estimated aggregate retirement account investment gain/loss for ANNUITY PLAN IBEW LOCAL 96 is 11.11%. This measures the effectiveness of the plan participants' investments in the year.

ANNUITY PLAN IBEW LOCAL 96 Expense Ratio

In 2023, the investment and administrative expense ratio of ANNUITY PLAN IBEW LOCAL 96 is 0.17%.

Enrollment Features

ANNUITY PLAN IBEW LOCAL 96 has the following features:
    Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.


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