IBEW LOCAL 332 PENSION PLAN PART B
Plan Contact
Please log in to view contact information.
Plan General Information
IBEW LOCAL 332 PENSION PLAN PART B Total Retirement Plan Assets
At the end of 2023, the total retirement plan assets of IBEW LOCAL 332 PENSION PLAN PART B is $788,515,268.00.This plan was established in 1972.
IBEW LOCAL 332 PENSION PLAN PART B Total Number of Retirement Plan Participants
At the end of 2023, the total number of retirement plan participants in IBEW LOCAL 332 PENSION PLAN PART B is 3950
IBEW LOCAL 332 PENSION PLAN PART B Average Participant Retirement Account Value
In 2023, the average participant retirement account value for IBEW LOCAL 332 PENSION PLAN PART B is $199,624.00
IBEW LOCAL 332 PENSION PLAN PART B Estimated Average Employee Contribution Amount
In 2023, the estimated average employee contribution amount per participant for IBEW LOCAL 332 PENSION PLAN PART B is $4,227.00.
IBEW LOCAL 332 PENSION PLAN PART B Estimated Average Employer Match
In 2023, the estimated average employer match for an employee in IBEW LOCAL 332 PENSION PLAN PART B is approximately $7,944.00
Investing in this additonal $7,944.00 for 20 years would give you extra $508,475.00, assuming a 10% annual return.
Investing in this additonal $7,944.00 for 20 years would give you extra $508,475.00, assuming a 10% annual return.
IBEW LOCAL 332 PENSION PLAN PART B Total Employer Contribution and Match Rate
In 2023, IBEW LOCAL 332 PENSION PLAN PART B allocates $31,382,500.00 to match its employees' contributions, providing an employer match rate of 187.91% of their contributions
IBEW LOCAL 332 PENSION PLAN PART B Total Retirement Plan Asset Growth Rate
In 2023, the total retirement plan asset growth rate of IBEW LOCAL 332 PENSION PLAN PART B is 13.12%.
IBEW LOCAL 332 PENSION PLAN PART B Estimated Aggregate Retirement Account Investment Gain/Loss
In 2023, the estimated aggregate retirement account investment gain/loss for IBEW LOCAL 332 PENSION PLAN PART B is 11.98%. This measures the effectiveness of the plan participants' investments in the year.
IBEW LOCAL 332 PENSION PLAN PART B Expense Ratio
In 2023, the investment and administrative expense ratio of IBEW LOCAL 332 PENSION PLAN PART B is 0.20%.
Enrollment Features
IBEW LOCAL 332 PENSION PLAN PART B has the following features:Automatic Enrollment: It provides automatic enrollment with elective contributions deducted from payroll.
Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.
Recent Articles
- Retirement Withdrawals in Optimal Order
- Best Strategy to Withdraw Funds in Retirement
- Retirement Milestone Cheat Sheet
- Savings Hacks
- July 2025 MyPlanIQ Portfolio Update
- Annuity Income Payout vs. Invest & Withdraw
- What $1 Million Really Buys You in Retirement: Annuity vs. Investment Strategy
- Public Pay Might Be Higher Than You Think (Once You Do the Math)
- Why Managing Volatility Matters
Free newsletters
High quality resources for 401k, 403b, 529 retirement plans on investment, contribution, fees, retirement planning and much more ...
Puzzled on what to invest?
- We ask a few questions to decide your personal return and risk expectations
- We build a custom portfolio for your plan (401(k), 403(b), 529 ...) or for a brokerage account
- We monitor and send timely rebalance emails on what investment funds to buy and sell
Looking for ideas to generate income?
- ETF or mutual fund income portfolios for 4-7% annual income
- Dividend stock funds
- Passive real estate investments
- more ...
Portfolio Calculator (Simulator)
Quickly enter fund allocation and get a back test result on the performance of this 'lazy' portfolio.
Customize Asset Allocation Portfolios
Build a custom model portfolio using our asset strategic or tactical strategies, tailored to a 401(k) plan or for a brokerage account.
Retirement Calculator
See how much you can save for retirement.
Investment Calculator
Grow your wealth and see the power of compounding.
Looking for a (forgotten) 401(k)?
Find plan contact info, plan expenses, investment options, rollover your old plan, or learn how to select investments on your 401k plan ...