LOCAL 812 ANNUITY FUND

Plan Contact

  • Address: 445 NORTHERN BLVD. STE 30,GREAT NECK,NY
  • Contact person: JOSEPH G. VITTA
  • Phone: (516) 303-1455

Plan General Information

LOCAL 812 ANNUITY FUND Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of LOCAL 812 ANNUITY FUND is $21,701,638.00.This plan was established in 2022.

LOCAL 812 ANNUITY FUND Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in LOCAL 812 ANNUITY FUND is 2310

LOCAL 812 ANNUITY FUND Average Participant Retirement Account Value

In 2023, the average participant retirement account value for LOCAL 812 ANNUITY FUND is $9,394.00

LOCAL 812 ANNUITY FUND Estimated Average Employee Contribution Amount

In 2023, the estimated average employee contribution amount per participant for LOCAL 812 ANNUITY FUND is $414.00.

LOCAL 812 ANNUITY FUND Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in LOCAL 812 ANNUITY FUND is approximately $3,726.00
Investing in this additonal $3,726.00 for 20 years would give you extra $238,506.00, assuming a 10% annual return.

LOCAL 812 ANNUITY FUND Total Employer Contribution and Match Rate

In 2023, LOCAL 812 ANNUITY FUND allocates $8,608,589.00 to match its employees' contributions, providing an employer match rate of 1797.29% of their contributions

LOCAL 812 ANNUITY FUND Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of LOCAL 812 ANNUITY FUND is 98.48%.

LOCAL 812 ANNUITY FUND Estimated Aggregate Retirement Account Investment Gain/Loss

In 2023, the estimated aggregate retirement account investment gain/loss for LOCAL 812 ANNUITY FUND is 17.26%. This measures the effectiveness of the plan participants' investments in the year.

LOCAL 812 ANNUITY FUND Expense Ratio

In 2023, the investment and administrative expense ratio of LOCAL 812 ANNUITY FUND is 2.18%.

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