IBEW LOCAL 1340 MAINTENANCE EMPL. RETIREMENT FUND 401K PLAN & TRUST
Plan Contact
- Contact person: RAYMOND TUCKER
- Phone: (757) 864-2172
Plan General Information
IBEW LOCAL 1340 MAINTENANCE EMPL. RETIREMENT FUND 401K PLAN & TRUST Total Retirement Plan Assets
At the end of 2003, the total retirement plan assets of IBEW LOCAL 1340 MAINTENANCE EMPL. RETIREMENT FUND 401K PLAN & TRUST is $7,916,338.00.This plan was established in 1978.
IBEW LOCAL 1340 MAINTENANCE EMPL. RETIREMENT FUND 401K PLAN & TRUST Total Number of Retirement Plan Participants
At the end of 2003, the total number of retirement plan participants in IBEW LOCAL 1340 MAINTENANCE EMPL. RETIREMENT FUND 401K PLAN & TRUST is 166
IBEW LOCAL 1340 MAINTENANCE EMPL. RETIREMENT FUND 401K PLAN & TRUST Average Participant Retirement Account Value
In 2003, the average participant retirement account value for IBEW LOCAL 1340 MAINTENANCE EMPL. RETIREMENT FUND 401K PLAN & TRUST is $47,688.00
IBEW LOCAL 1340 MAINTENANCE EMPL. RETIREMENT FUND 401K PLAN & TRUST Estimated Average Employee Contribution Amount
In 2003, the estimated average employee contribution amount per participant for IBEW LOCAL 1340 MAINTENANCE EMPL. RETIREMENT FUND 401K PLAN & TRUST is $2,626.00.
IBEW LOCAL 1340 MAINTENANCE EMPL. RETIREMENT FUND 401K PLAN & TRUST Estimated Average Employer Match
In 2003, the estimated average employer match for an employee in IBEW LOCAL 1340 MAINTENANCE EMPL. RETIREMENT FUND 401K PLAN & TRUST is approximately $2,407.00
Investing in this additonal $2,407.00 for 20 years would give you extra $154,095.00, assuming a 10% annual return.
Investing in this additonal $2,407.00 for 20 years would give you extra $154,095.00, assuming a 10% annual return.
IBEW LOCAL 1340 MAINTENANCE EMPL. RETIREMENT FUND 401K PLAN & TRUST Total Employer Contribution and Match Rate
In 2003, IBEW LOCAL 1340 MAINTENANCE EMPL. RETIREMENT FUND 401K PLAN & TRUST allocates $399,686.00 to match its employees' contributions, providing an employer match rate of 183.38% of their contributions
IBEW LOCAL 1340 MAINTENANCE EMPL. RETIREMENT FUND 401K PLAN & TRUST Total Retirement Plan Asset Growth Rate
In 2003, the total retirement plan asset growth rate of IBEW LOCAL 1340 MAINTENANCE EMPL. RETIREMENT FUND 401K PLAN & TRUST is 22.55%.
IBEW LOCAL 1340 MAINTENANCE EMPL. RETIREMENT FUND 401K PLAN & TRUST Estimated Aggregate Retirement Account Investment Gain/Loss
In 2003, the estimated aggregate retirement account investment gain/loss for IBEW LOCAL 1340 MAINTENANCE EMPL. RETIREMENT FUND 401K PLAN & TRUST is 15.63%. This measures the effectiveness of the plan participants' investments in the year.
IBEW LOCAL 1340 MAINTENANCE EMPL. RETIREMENT FUND 401K PLAN & TRUST Expense Ratio
In 2003, the investment and administrative expense ratio of IBEW LOCAL 1340 MAINTENANCE EMPL. RETIREMENT FUND 401K PLAN & TRUST is 0.49%.
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