MICHIANA AREA ELECTRICAL WORKERS' MONEY PURCHASE PLAN

Plan Contact

  • Address: 6525 CENTURION DRIVE,LANSING,MI
  • Contact person: KEVIN S. STEWART
  • Phone: (517) 321-7502

Plan General Information

MICHIANA AREA ELECTRICAL WORKERS' MONEY PURCHASE PLAN Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of MICHIANA AREA ELECTRICAL WORKERS' MONEY PURCHASE PLAN is $110,150,659.00.This plan was established in 1992.

MICHIANA AREA ELECTRICAL WORKERS' MONEY PURCHASE PLAN Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in MICHIANA AREA ELECTRICAL WORKERS' MONEY PURCHASE PLAN is 1307

MICHIANA AREA ELECTRICAL WORKERS' MONEY PURCHASE PLAN Average Participant Retirement Account Value

In 2023, the average participant retirement account value for MICHIANA AREA ELECTRICAL WORKERS' MONEY PURCHASE PLAN is $84,277.00

MICHIANA AREA ELECTRICAL WORKERS' MONEY PURCHASE PLAN Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in MICHIANA AREA ELECTRICAL WORKERS' MONEY PURCHASE PLAN is approximately $5,082.00
Investing in this additonal $5,082.00 for 20 years would give you extra $325,267.00, assuming a 10% annual return.

MICHIANA AREA ELECTRICAL WORKERS' MONEY PURCHASE PLAN Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of MICHIANA AREA ELECTRICAL WORKERS' MONEY PURCHASE PLAN is 14.30%.

MICHIANA AREA ELECTRICAL WORKERS' MONEY PURCHASE PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2023, the estimated aggregate retirement account investment gain/loss for MICHIANA AREA ELECTRICAL WORKERS' MONEY PURCHASE PLAN is 12.20%. This measures the effectiveness of the plan participants' investments in the year.

MICHIANA AREA ELECTRICAL WORKERS' MONEY PURCHASE PLAN Expense Ratio

In 2023, the investment and administrative expense ratio of MICHIANA AREA ELECTRICAL WORKERS' MONEY PURCHASE PLAN is 0.14%.

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