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IUOE LOCAL 295 & 295C EMPLOYEES ANNUITY PLAN

Plan Contact

  • Address: 61-04 MAURICE AVENUE,MASPETH,NY
  • Phone: (718) 672-7969

Plan General Information

IUOE LOCAL 295 & 295C EMPLOYEES ANNUITY PLAN Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of IUOE LOCAL 295 & 295C EMPLOYEES ANNUITY PLAN is $3,162,917.00.This plan was established in 2008.

IUOE LOCAL 295 & 295C EMPLOYEES ANNUITY PLAN Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in IUOE LOCAL 295 & 295C EMPLOYEES ANNUITY PLAN is 438

IUOE LOCAL 295 & 295C EMPLOYEES ANNUITY PLAN Average Participant Retirement Account Value

In 2023, the average participant retirement account value for IUOE LOCAL 295 & 295C EMPLOYEES ANNUITY PLAN is $7,221.00

IUOE LOCAL 295 & 295C EMPLOYEES ANNUITY PLAN Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in IUOE LOCAL 295 & 295C EMPLOYEES ANNUITY PLAN is approximately $1,101.00
Investing in this additonal $1,101.00 for 20 years would give you extra $70,520.00, assuming a 10% annual return.

IUOE LOCAL 295 & 295C EMPLOYEES ANNUITY PLAN Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of IUOE LOCAL 295 & 295C EMPLOYEES ANNUITY PLAN is 33.34%.

IUOE LOCAL 295 & 295C EMPLOYEES ANNUITY PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2023, the estimated aggregate retirement account investment gain/loss for IUOE LOCAL 295 & 295C EMPLOYEES ANNUITY PLAN is 16.03%. This measures the effectiveness of the plan participants' investments in the year.

IUOE LOCAL 295 & 295C EMPLOYEES ANNUITY PLAN Expense Ratio

In 2023, the investment and administrative expense ratio of IUOE LOCAL 295 & 295C EMPLOYEES ANNUITY PLAN is 1.44%.

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