CARL BUDDIG AND COMPANY UNION EMPLOYEE DEFERRED BENEFIT PLAN

Plan Contact

  • Address: 950 W 175TH ST,HOMEWOOD,IL
  • Contact person: PETER MACIEJEWSKI
  • Phone: (708) 335-7927

Plan General Information

CARL BUDDIG AND COMPANY UNION EMPLOYEE DEFERRED BENEFIT PLAN Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of CARL BUDDIG AND COMPANY UNION EMPLOYEE DEFERRED BENEFIT PLAN is $27,667,123.00.This plan was established in 1998.

CARL BUDDIG AND COMPANY UNION EMPLOYEE DEFERRED BENEFIT PLAN Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in CARL BUDDIG AND COMPANY UNION EMPLOYEE DEFERRED BENEFIT PLAN is 3139

CARL BUDDIG AND COMPANY UNION EMPLOYEE DEFERRED BENEFIT PLAN Average Participant Retirement Account Value

In 2023, the average participant retirement account value for CARL BUDDIG AND COMPANY UNION EMPLOYEE DEFERRED BENEFIT PLAN is $8,813.00

CARL BUDDIG AND COMPANY UNION EMPLOYEE DEFERRED BENEFIT PLAN Estimated Average Employee Contribution Amount

In 2023, the estimated average employee contribution amount per participant for CARL BUDDIG AND COMPANY UNION EMPLOYEE DEFERRED BENEFIT PLAN is $384.00.

CARL BUDDIG AND COMPANY UNION EMPLOYEE DEFERRED BENEFIT PLAN Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in CARL BUDDIG AND COMPANY UNION EMPLOYEE DEFERRED BENEFIT PLAN is approximately $474.00
Investing in this additonal $474.00 for 20 years would give you extra $30,350.00, assuming a 10% annual return.

CARL BUDDIG AND COMPANY UNION EMPLOYEE DEFERRED BENEFIT PLAN Total Employer Contribution and Match Rate

In 2023, CARL BUDDIG AND COMPANY UNION EMPLOYEE DEFERRED BENEFIT PLAN allocates $1,488,614.00 to match its employees' contributions, providing an employer match rate of 142.14% of their contributions

CARL BUDDIG AND COMPANY UNION EMPLOYEE DEFERRED BENEFIT PLAN Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of CARL BUDDIG AND COMPANY UNION EMPLOYEE DEFERRED BENEFIT PLAN is 12.75%.

CARL BUDDIG AND COMPANY UNION EMPLOYEE DEFERRED BENEFIT PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2023, the estimated aggregate retirement account investment gain/loss for CARL BUDDIG AND COMPANY UNION EMPLOYEE DEFERRED BENEFIT PLAN is 15.89%. This measures the effectiveness of the plan participants' investments in the year.

CARL BUDDIG AND COMPANY UNION EMPLOYEE DEFERRED BENEFIT PLAN Expense Ratio

In 2023, the investment and administrative expense ratio of CARL BUDDIG AND COMPANY UNION EMPLOYEE DEFERRED BENEFIT PLAN is 1.07%.

Enrollment Features

CARL BUDDIG AND COMPANY UNION EMPLOYEE DEFERRED BENEFIT 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.


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