BOARD OF TRUSTEES SM WORKERS LOCAL UNION 49 DEFINED CONTRIBUTION PENSION

Plan Contact

  • Address: 2300 BUENA VISTA DR SE STE 127,ALBUQUERQUE,NM
  • Contact person: ANTHONY KOCUREK
  • Phone: (505) 265-8422

Plan General Information

BOARD OF TRUSTEES SM WORKERS LOCAL UNION 49 DEFINED CONTRIBUTION PENSION Total Retirement Plan Assets

At the end of 2020, the total retirement plan assets of BOARD OF TRUSTEES SM WORKERS LOCAL UNION 49 DEFINED CONTRIBUTION PENSION is $12,890,614.00.This plan was established in 1994.

BOARD OF TRUSTEES SM WORKERS LOCAL UNION 49 DEFINED CONTRIBUTION PENSION Total Number of Retirement Plan Participants

At the end of 2020, the total number of retirement plan participants in BOARD OF TRUSTEES SM WORKERS LOCAL UNION 49 DEFINED CONTRIBUTION PENSION is 571

BOARD OF TRUSTEES SM WORKERS LOCAL UNION 49 DEFINED CONTRIBUTION PENSION Average Participant Retirement Account Value

In 2020, the average participant retirement account value for BOARD OF TRUSTEES SM WORKERS LOCAL UNION 49 DEFINED CONTRIBUTION PENSION is $22,575.00

BOARD OF TRUSTEES SM WORKERS LOCAL UNION 49 DEFINED CONTRIBUTION PENSION Estimated Average Employee Contribution Amount

In 2020, the estimated average employee contribution amount per participant for BOARD OF TRUSTEES SM WORKERS LOCAL UNION 49 DEFINED CONTRIBUTION PENSION is $2,336.00.

BOARD OF TRUSTEES SM WORKERS LOCAL UNION 49 DEFINED CONTRIBUTION PENSION Estimated Average Employer Match

In 2020, the estimated average employer match for an employee in BOARD OF TRUSTEES SM WORKERS LOCAL UNION 49 DEFINED CONTRIBUTION PENSION is approximately $581.00
Investing in this additonal $581.00 for 20 years would give you extra $37,208.00, assuming a 10% annual return.

BOARD OF TRUSTEES SM WORKERS LOCAL UNION 49 DEFINED CONTRIBUTION PENSION Total Employer Contribution and Match Rate

In 2020, BOARD OF TRUSTEES SM WORKERS LOCAL UNION 49 DEFINED CONTRIBUTION PENSION allocates $331,968.00 to match its employees' contributions, providing an employer match rate of 49.76% of their contributions

BOARD OF TRUSTEES SM WORKERS LOCAL UNION 49 DEFINED CONTRIBUTION PENSION Total Retirement Plan Asset Growth Rate

In 2020, the total retirement plan asset growth rate of BOARD OF TRUSTEES SM WORKERS LOCAL UNION 49 DEFINED CONTRIBUTION PENSION is -3.34%.

BOARD OF TRUSTEES SM WORKERS LOCAL UNION 49 DEFINED CONTRIBUTION PENSION Estimated Aggregate Retirement Account Investment Gain/Loss

In 2020, the estimated aggregate retirement account investment gain/loss for BOARD OF TRUSTEES SM WORKERS LOCAL UNION 49 DEFINED CONTRIBUTION PENSION is -4.57%. This measures the effectiveness of the plan participants' investments in the year.

BOARD OF TRUSTEES SM WORKERS LOCAL UNION 49 DEFINED CONTRIBUTION PENSION Expense Ratio

In 2020, the investment and administrative expense ratio of BOARD OF TRUSTEES SM WORKERS LOCAL UNION 49 DEFINED CONTRIBUTION PENSION is 1.02%.

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